Bhutan vs Guatemala
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐ง๐น Bhutan โ Dzongkhag & Thromde Taxes
Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.
๐ฌ๐น Guatemala โ Municipal Taxes
Guatemala's 340 municipalities levy the Impuesto รnico sobre Inmuebles (IUSI โ property tax at 0.9% of assessed value above GTQ 2,000), business licences (boleto de ornato), and vehicle stickers. Guatemala City municipality has the highest rates. The Superintendencia de Administraciรณn Tributaria (SAT) administers national taxes. Guatemala has among the lowest tax-to-GDP ratios in Latin America (~11โ13%), reflecting significant informality and tax avoidance. Tax collection has been a persistent challenge.
Bhutan vs Guatemala: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐น Bhutan has a higher top income tax rate (0โ25% vs 5โ7%). ๐ฌ๐น Guatemala is more favourable for high earners.
๐ VAT/Sales Tax: Guatemala has a higher consumption tax (0% vs 12%).
๐ข Corporate Tax: ๐ฌ๐น Guatemala offers a lower corporate rate (28% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐น Bhutan taxes investment gains at a lower rate (0% vs 10%), benefiting investors.