WorldTax Compareโ† All Comparisons

Guinea vs Australia
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ฌ๐Ÿ‡ณ Guinea
vs
๐Ÿ‡ฆ๐Ÿ‡บ Australia
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0โ€“40%
No change
0โ€“45%
+ 2% Medicare; thresholds indexed to CPI
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
18%
No change
10%
No change planned
No change
Corporate Tax Rate
Corporate Tax Rate
35%
No change
25โ€“30%
Stable; Pillar Two active for large MNCs
No change
Capital Gains Tax
Capital Gains Tax
Taxed as income
No change
0โ€“22.5%
50% discount maintained
No change
Social Security & Payroll
Social Security / Payroll
5% + 18%
No change
12%
12% super guarantee; target rate reached
No change
State, Regional & Local Taxes

๐Ÿ‡ฌ๐Ÿ‡ณ Guinea โ€” Guinea Tax System

Guinea has progressive income tax up to 40%. TVA (VAT) is 18%. The country holds the world's largest bauxite reserves and significant iron ore deposits, making mining-sector tax revenue critical. Following the September 2021 coup, the junta government (CNRD) has focused on renegotiating mining contracts to increase state revenue. Tax administration is being reformed with IMF support.

๐Ÿ‡ฆ๐Ÿ‡บ Australia โ€” State & Territory Taxes

Australia's 6 states and 2 territories levy payroll tax (4.75%โ€“6.85%), stamp duty on property, and land tax on investment properties. There is no state income tax โ€” income tax is federal only. The Stage 3 tax cuts (effective July 2024) restructured brackets significantly. The ACT is progressively replacing stamp duty with broad-based land value tax. Councils levy rates on property owners.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Guinea vs Australia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฆ๐Ÿ‡บ Australia has a higher top income tax rate (0โ€“40% vs 0โ€“45%). ๐Ÿ‡ฌ๐Ÿ‡ณ Guinea is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Guinea has a higher consumption tax (18% vs 10%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฆ๐Ÿ‡บ Australia offers a lower corporate rate (30% vs 35%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ฆ๐Ÿ‡บ Australia taxes investment gains at a lower rate (22.5% vs 35%), benefiting investors.

Related Comparisons

๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ฆ๐Ÿ‡ซ AfghanistanTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ฆ๐Ÿ‡ฌ Antigua and BarbudaTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ง๐Ÿ‡ฏ BeninTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ง๐Ÿ‡ซ Burkina FasoTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡จ๐Ÿ‡ป Cape VerdeTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡จ๐Ÿ‡ซ Central African RepublicTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡น๐Ÿ‡ฉ ChadTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ฐ๐Ÿ‡ฒ ComorosTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ฉ๐Ÿ‡ฏ DjiboutiTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ฉ๐Ÿ‡ฒ DominicaTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ฌ๐Ÿ‡ถ Equatorial GuineaTax comparison๐Ÿ‡ฌ๐Ÿ‡ณ Guinea vs ๐Ÿ‡ช๐Ÿ‡ท EritreaTax comparison