Guinea - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in Guinea was 69.30 as of 2019. Its highest value over the past 14 years was 83.10 in 2012, while its lowest value was 61.40 in 2013.

Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 71.60
2006 71.60
2007 71.60
2008 71.60
2009 71.60
2010 78.70
2011 83.10
2012 83.10
2013 61.40
2014 61.40
2015 61.40
2016 61.40
2017 61.40
2018 61.40
2019 69.30

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment