Guinea vs Switzerland
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐ฌ๐ณ Guinea โ 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.
๐จ๐ญ Switzerland โ Cantonal & Communal Taxes
Switzerland's 26 cantons and ~2,200 communes independently set income and corporate tax rates. Zug (~12% combined top) and Nidwalden are among the lowest globally; Geneva and Vaud reach ~45% combined. Wealth tax is levied by cantons. Pillar Two supplementary tax is active for large MNCs. Inheritance and gift taxes are cantonal.
Guinea vs Switzerland: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ณ Guinea has a higher top income tax rate (0โ40% vs 0โ11.5%). ๐จ๐ญ Switzerland is more favourable for high earners.
๐ VAT/Sales Tax: Guinea has a higher consumption tax (18% vs 2.6โ8.1%).
๐ข Corporate Tax: ๐จ๐ญ Switzerland offers a lower corporate rate (26% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ญ Switzerland taxes investment gains at a lower rate (0% vs 35%), benefiting investors.