Guyana vs Ukraine
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.
๐บ๐ฆ Ukraine โ Local Council Taxes
Ukraine's 27 oblasts and the city of Kyiv have limited independent taxing powers โ income tax is national. Local councils set rates for land tax (0.01%โ3% of normative monetary value), real estate tax (up to 1.5% of minimum wage per sq.m.), and transport tax. Unified tax regimes for entrepreneurs (1โ3 groups) are nationally set with simplified rates. Wartime conditions have significantly altered tax collection and enforcement. The simplified system (ัะดะธะฝะธะน ะฟะพะดะฐัะพะบ) covers ~60% of registered entrepreneurs.
Guyana vs Ukraine: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐พ Guyana has a higher top income tax rate (28โ40% vs 18%). ๐บ๐ฆ Ukraine is more favourable for high earners.
๐ VAT/Sales Tax: Ukraine has a higher consumption tax (14% vs 20%).
๐ข Corporate Tax: ๐บ๐ฆ Ukraine offers a lower corporate rate (18% vs 40%), which can influence business location decisions.
๐ Capital Gains: ๐บ๐ฆ Ukraine taxes investment gains at a lower rate (18% vs 20%), benefiting investors.