Guinea vs Spain
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¬π³ Guinea β 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.
πͺπΈ Spain β Autonomous Community & Municipal Taxes
Spain's 17 autonomous communities set their own half of income tax. Madrid applies significant reductions while Catalonia has higher regional rates. The Basque Country and Navarre have special tax regimes (concierto econΓ³mico). Municipal taxes include IBI (property tax) and IAE (business activity tax). Effective top rates (national + regional) range from ~43% (Madrid) to ~54% in some communities.
Guinea vs Spain: Key Tax Differences (2026)
π° Income Tax: πͺπΈ Spain has a higher top income tax rate (0β40% vs 19β47%). π¬π³ Guinea is more favourable for high earners.
π VAT/Sales Tax: Spain has a higher consumption tax (18% vs 4β21%).
π’ Corporate Tax: πͺπΈ Spain offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
π Capital Gains: πͺπΈ Spain taxes investment gains at a lower rate (28% vs 35%), benefiting investors.