The Personal Income Tax Rate in Guinea stands at 40 percent. source: Ministry of Economy and Finance

Personal Income Tax Rate in Guinea is expected to reach 40.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Personal Income Tax Rate is projected to trend around 40.00 percent in 2021, according to our econometric models.

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Guinea Personal Income Tax Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 40.00 40.00 percent Dec 2021
Corporate Tax Rate 35.00 35.00 percent Dec 2021
Sales Tax Rate 14.00 18.00 percent Dec 2021

Guinea Personal Income Tax Rate
In Guinea, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Guinea.
Actual Previous Highest Lowest Dates Unit Frequency
40.00 40.00 40.00 40.00 2006 - 2021 percent Yearly