Guyana vs Uruguay
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¬πΎ Guyana β 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.
πΊπΎ Uruguay β Departmental & Municipal Taxes
Uruguay's 19 departments (like Montevideo, Maldonado) each have their own departmental government (Intendencia) that levies property taxes (ContribuciΓ³n Inmobiliaria) at rates set per department, vehicle patents (Patente de Rodados), and commercial licence fees. Montevideo has higher rates than interior departments. National income tax (IRPF) and corporate tax are nationally administered by the DGI (DirecciΓ³n General Impositiva). Uruguay's territorial income tax system (prior to 2007 reform) was replaced with a worldwide system.
Guyana vs Uruguay: Key Tax Differences (2026)
π° Income Tax: π¬πΎ Guyana has a higher top income tax rate (28β40% vs 0β36%). πΊπΎ Uruguay is more favourable for high earners.
π VAT/Sales Tax: Uruguay has a higher consumption tax (14% vs 10β22%).
π’ Corporate Tax: πΊπΎ Uruguay offers a lower corporate rate (25% vs 40%), which can influence business location decisions.
π Capital Gains: πΊπΎ Uruguay taxes investment gains at a lower rate (12% vs 20%), benefiting investors.