Guinea-Bissau or Malta: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Guinea-Bissau, ahead by 2.5 FiScore points.

Malta

3.7/10

193rd of 217

Tax Guinea-Bissau Malta Gap
Corporate income tax headline rate 25% 35% −10.0 points
Personal income tax top bracket 1% to 12% 0% to 35% −23.0 points
VAT standard rate 15% 18% −3.0 points

Detailed schedules

Corporate income tax

Guinea-Bissau

n/a

Malta

Headline rate 35%
Effective rate after shareholder refund trading company, 6/7 refund 5%
Passive income and royalties 5/7 refund 10%