Equatorial Guinea vs Canada
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¬πΆ Equatorial Guinea β Equatorial Guinea Tax System
Equatorial Guinea has progressive income tax up to 35%. VAT is 15%. The country became sub-Saharan Africa's third-largest oil producer after 1995 oil discoveries, making it one of the wealthiest by GDP per capita β but extreme inequality means most citizens remain poor. The Obiang family has ruled since 1979. Oil revenue is declining; diversification efforts continue.
π¨π¦ Canada β Provincial Income & Sales Taxes
Canada's 10 provinces each levy their own income tax (4%β25.75% top). Combined federal+provincial top rates exceed 50% in Quebec, Nova Scotia, and Ontario. Quebec has its own QPP and QST (9.975%). Alberta has no provincial sales tax. HST replaces GST+PST in Atlantic provinces and Ontario. Property taxes are municipal.
Equatorial Guinea vs Canada: Key Tax Differences (2026)
π° Income Tax: π¬πΆ Equatorial Guinea has a higher top income tax rate (0β35% vs 15β33%). π¨π¦ Canada is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 5β15%).
π’ Corporate Tax: π¨π¦ Canada offers a lower corporate rate (15% vs 35%), which can influence business location decisions.
π Capital Gains: π¨π¦ Canada taxes investment gains at a lower rate (33.3% vs 35%), benefiting investors.