GY · AmericasME · Europe

Guyana vs Montenegro: tax rates compared

Between the two, Guyana's income tax rate (35%) tops Montenegro's (15%) by 20pp. The 200-country average is 28%: Guyana sits above it, Montenegro sits below it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income15%35%Corporate15%25%VAT14%21%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax GY MEDifference
Income Tax35%15%GY +20 pplargest gap
Corporate Tax25%15%GY +10 pp
VAT14%21%ME +7 pp
Capital Gains Tax0%15%ME +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guyana35%Source: PWC Worldwide Tax Summaries — Guyana (Individual, Taxes on personal income) · as of 2026-06-02
Montenegro15%Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27
Difference+20 ppGuyana higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guyana25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Montenegro15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppGuyana higher

Between the two, Guyana's corporate tax rate (25%) tops Montenegro's (15%) by 10pp. The 201-country average is 22.6%: Guyana sits above it, Montenegro sits below it.

VAT

VAT, side by side
CountryRateSource
Guyana14%Source: PWC Worldwide Tax Summaries — Guyana (Corporate, Other taxes) · as of 2026-06-02
Montenegro21%Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27
Difference−7 ppMontenegro higher

Between the two, Montenegro's VAT rate (21%) tops Guyana's (14%) by 7pp. The 181-country average is 15%: Guyana sits below it, Montenegro sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Guyana0%Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02
Montenegro15%Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27
Difference−15 ppMontenegro higher

Between the two, Montenegro's capital gains tax rate (15%) tops Guyana's (0%) by 15pp. The 175-country average is 10.3%: Guyana sits below it, Montenegro sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guyana0%Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02
Montenegro0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Guyana and Montenegro both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.