Guinea vs Sweden
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¬π³ Guinea β Guinea Tax System
Guinea has progressive income tax up to 40%. TVA (VAT) is 18%. The country holds the world's largest bauxite reserves and significant iron ore deposits, making mining-sector tax revenue critical. Following the September 2021 coup, the junta government (CNRD) has focused on renegotiating mining contracts to increase state revenue. Tax administration is being reformed with IMF support.
πΈπͺ Sweden β Municipal Income Tax
Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.
Guinea vs Sweden: Key Tax Differences (2026)
π° Income Tax: πΈπͺ Sweden has a higher top income tax rate (0β40% vs 32β52%). π¬π³ Guinea is more favourable for high earners.
π VAT/Sales Tax: Sweden has a higher consumption tax (18% vs 6β25%).
π’ Corporate Tax: πΈπͺ Sweden offers a lower corporate rate (20.6% vs 35%), which can influence business location decisions.
π Capital Gains: πΈπͺ Sweden taxes investment gains at a lower rate (30% vs 35%), benefiting investors.