South America
Guyana: tax at a glance
This is an oil-boom economy. Personal tax runs on two bands, topping out at 40%, and there is no wealth tax or inheritance tax.
Worldwide (residence-based)
Last verified
The taxes
- Personal income (top)
- 40%After the personal allowance, there are two bands: 28%, then 40% on income above ~GYD 2.64M.
- Corporate income
- 25% for commercial companies, 40% for non-commercial companies, and 45% for telecoms.
- Capital gains
- 20%, for assets held under 25 years.
- VAT
- 14%
- Dividends (WHT)
- 20% for non-residents.
- Interest (WHT)
- 20%
- Royalties (WHT)
- 20%
- Social security (employee)
- 5.6%, through NIS.
- Social security (employer)
- 8.4%, through NIS.
- Wealth tax
- None
- Inheritance / estate
- None. Estate duty has been abolished.
- Property tax
- Property tax of up to 0.75% applies to net property above the threshold.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Not participating
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.