Guyana vs Tanzania
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.
๐น๐ฟ Tanzania โ Local Government Authority Taxes
Tanzania's 26 regions and 184 district/city councils levy local government taxes including property tax (for urban areas), business licence fees, and various service levies. The Tanzania Revenue Authority (TRA) administers all national taxes. Zanzibar has its own tax administration and slightly different rates for some taxes. The Local Government Finance Act sets the framework for council taxation. The country has been expanding its tax base through digitalization and mandatory electronic fiscal devices (EFDs).
Guyana vs Tanzania: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐พ Guyana has a higher top income tax rate (28โ40% vs 0โ30%). ๐น๐ฟ Tanzania is more favourable for high earners.
๐ VAT/Sales Tax: Tanzania has a higher consumption tax (14% vs 18%).
๐ข Corporate Tax: ๐น๐ฟ Tanzania offers a lower corporate rate (30% vs 40%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ฟ Tanzania taxes investment gains at a lower rate (10% vs 20%), benefiting investors.