Guyana vs Senegal
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐พ Guyana โ 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.
๐ธ๐ณ Senegal โ Regional & Communal Taxes
Senegal's 14 regions and 557 communes levy the Contribution Fonciรจre des Propriรฉtรฉs Bรขties (CFPB โ built property tax), contribution of licences (business tax), and local service fees. The Direction Gรฉnรฉrale des Impรดts et Domaines (DGID) administers national taxes. Dakar is the dominant economic hub. Senegal recently became an oil and gas producer (Sangomar field 2024), which is transforming its fiscal landscape. The WAEMU (West African Economic and Monetary Union) coordinates some tax policy across 8 member states.
Guyana vs Senegal: Key Tax Differences (2026)
๐ฐ Income Tax: Guyana and Senegal have similar top income tax rates (28โ40% vs 0โ40%).
๐ VAT/Sales Tax: Senegal has a higher consumption tax (14% vs 18%).
๐ข Corporate Tax: ๐ธ๐ณ Senegal offers a lower corporate rate (30% vs 40%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐พ Guyana taxes investment gains at a lower rate (20% vs 25%), benefiting investors.