Guinea vs Togo
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.
๐น๐ฌ Togo โ Togo Tax System
Togo has a progressive income tax up to 45%. TVA is 18%. The Office Togolais des Recettes (OTR) merged tax and customs administration in 2013. Phosphate exports are a key revenue source. The Port of Lomรฉ is an important transit hub for landlocked Sahel countries. Togo has been pursuing digital tax reforms and e-invoicing since 2020.
Guinea vs Togo: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ฌ Togo has a higher top income tax rate (0โ40% vs 0โ45%). ๐ฌ๐ณ Guinea is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (18% vs 18%).
๐ข Corporate Tax: ๐น๐ฌ Togo offers a lower corporate rate (27% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ฌ Togo taxes investment gains at a lower rate (27% vs 35%), benefiting investors.