Bolivia vs Guyana
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§π΄ Bolivia β Departmental & Municipal Taxes
Bolivia's 9 departments and 339 municipalities have their own tax powers. Municipalities levy the Impuesto a la Propiedad de Bienes Inmuebles (IPBI) on real property and the Impuesto Municipal a las Transferencias (IMT) on property transfers. Departmental governments receive shares of natural resource royalties. The National Tax Service (SIN) administers national taxes. Bolivia has a unique tax system where there is no personal income tax in the traditional sense β instead, the RC-IVA (complementary VAT) effectively taxes income.
π¬πΎ Guyana β Regional & Municipal Taxes
Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.
Bolivia vs Guyana: Key Tax Differences (2026)
π° Income Tax: π¬πΎ Guyana has a higher top income tax rate (13% vs 28β40%). π§π΄ Bolivia is more favourable for high earners.
π VAT/Sales Tax: Guyana has a higher consumption tax (13% vs 14%).
π’ Corporate Tax: π§π΄ Bolivia offers a lower corporate rate (25% vs 40%), which can influence business location decisions.
π Capital Gains: π¬πΎ Guyana taxes investment gains at a lower rate (20% vs 25%), benefiting investors.