Guyana vs Slovakia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐พ Guyana โ 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.
๐ธ๐ฐ Slovakia โ Municipal Property & Business Taxes
Slovakia's 79 districts and 2,927 municipalities have limited taxing powers. Municipalities set property tax (daล z nehnuteฤพnostรญ) within nationally defined limits and may apply local coefficients. Commercial property tax in Bratislava is higher than rural areas. Vehicle tax is set regionally. A local fee for municipal waste applies. Slovakia uses a progressive income tax system since abandoning its flat 19% rate in 2013. The 15% CIT rate for SMEs is one of the EU's most competitive.
Guyana vs Slovakia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐พ Guyana has a higher top income tax rate (28โ40% vs 19โ25%). ๐ธ๐ฐ Slovakia is more favourable for high earners.
๐ VAT/Sales Tax: Slovakia has a higher consumption tax (14% vs 5โ20%).
๐ข Corporate Tax: ๐ธ๐ฐ Slovakia offers a lower corporate rate (21% vs 40%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐พ Guyana taxes investment gains at a lower rate (20% vs 25%), benefiting investors.