Iraq vs Guyana
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇮🇶 Iraq — Governorate Taxes
Iraq's 18 governorates (muhafazat) have limited independent taxing powers under the federal system. The Kurdish Region of Iraq (KRI — Erbil, Sulaymaniyah, Dohuk) has its own tax administration and revenue share arrangement with Baghdad. The Federal Board of Supreme Audit and Tax Commission administer national taxes. Oil revenues dominate the Iraqi budget (~90% of government revenue), meaning formal taxation plays a smaller role than in most countries. Reconstruction and diversification remain key challenges.
🇬🇾 Guyana — 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.
Iraq vs Guyana: Key Tax Differences (2026)
💰 Income Tax: 🇬🇾 Guyana has a higher top income tax rate (3–15% vs 28–40%). 🇮🇶 Iraq is more favourable for high earners.
🛒 VAT/Sales Tax: Guyana has a higher consumption tax (0% vs 14%).
🏢 Corporate Tax: 🇮🇶 Iraq offers a lower corporate rate (15% vs 40%), which can influence business location decisions.
📈 Capital Gains: 🇮🇶 Iraq taxes investment gains at a lower rate (15% vs 20%), benefiting investors.