Guinea

{"ftc_utility":"high","fbar_trigger_notes":"US expats working in Guinea commonly maintain local accounts at banks such as Ecobank Guinea, BICIGUI, or Societe Generale Guinee. Any account exceeding $10,000 USD equivalent in Guinean francs (GNF) at any point during the year triggers FBAR filing requirements. Guinea's limited banking infrastructure means many expats maintain accounts both locally and in regional hubs.","ftc_utility_reason":"Guinea taxes residents on worldwide income at rates up to 25%. US expats who have exhausted the FEIE limit can use the Foreign Tax Credit to offset Guinea income taxes paid against US tax liability on the same income, reducing or eliminating double taxation on amounts above the FEIE threshold.","presence_day_count_notes":"Guinea does not impose strict visa-based day limits on most foreign workers holding valid residence or work permits. The 330-day physical presence test is practically achievable for most US expats working in Guinea on long-term assignments, though security conditions (Level 3 - Reconsider Travel advisory as of 2026) may affect continuity of stay.","typical_qualifying_method":"either","housing_exclusion_available":true,"physical_presence_test_applies":true,"estimated_housing_exclusion_usd":18000,"local_tax_rate_on_earned_income":0.25,"bona_fide_residence_test_applies":true}

{"pension_income":{"notes":"Foreign pension income received by Guinea tax residents is subject to personal income tax at progressive rates up to 25%. No tax treaty reduces this exposure. Local Guinean pension income (CNSS - Caisse Nationale de Securite Sociale) is subject to normal income tax rules.","tax_rate":0.25,"locally_taxed":true},"social_security":{"notes":"No US-Guinea totalization agreement or income tax treaty exists. US Social Security benefits received by Guinea residents are not protected from local taxation, though again practical enforcement on foreign-source income is limited.","locally_taxed":true,"treaty_protection":false},"roth_distributions":{"notes":"No US-Guinea tax treaty exists to provide exemption. Roth distributions could in principle be taxed as income in Guinea, though practical enforcement on foreign-source retirement income is limited. The tax-free character under US law is not recognized locally.","locally_taxed":true},"us_401k_ira_distributions":{"notes":"Guinea and the United States do not have a bilateral tax treaty. US-sourced retirement distributions received by Guinea tax residents would be treated as foreign-source income and potentially subject to Guinea personal income tax at progressive rates up to 25%. In practice, enforcement on foreign pension income is limited but there is no treaty protection.","tax_rate":0.25,"locally_taxed":true,"treaty_protection":false}}

{"rate":0.25,"notes":"Guinea does not have a standalone capital gains tax. Gains are generally included in taxable income and subject to the standard progressive personal income tax rates, with the top rate at 25%.","details":{"tax_type":"Capital Gains Tax","country_name":"Guinea","country_iso_code":"GIN","source_references":["Guinea Code General des Impots","KPMG Africa Tax Centre","EY Worldwide Corporate Tax Guide"],"last_verified_date":"2026-06-03","general_description":"Capital gains in Guinea are treated as ordinary income and taxed under the progressive personal income tax schedule. The top marginal rate is 25%. There is no separate capital gains tax regime. Corporate gains are included in corporate taxable income at the flat corporate rate.","corporate_capital_gains":{"rate":0.35,"tax_treatment":"Included in corporate taxable income and taxed at the standard corporate income tax rate of 35%."},"individual_capital_gains":{"rate":0.25,"tax_treatment":"No separate capital gains tax. Gains are included in personal taxable income and taxed at progressive rates up to 25%."}}}

{"notes":"Dividends paid to non-residents are subject to a withholding tax of 10%. Dividends paid to resident individuals are also subject to withholding at 10%, which may be considered a final tax or credited against personal income tax liability depending on circumstances.","rates":[{"rate":0.1,"type":"withholding","notes":"Standard withholding rate on dividends paid to both residents and non-residents under the Guinea General Tax Code."}]}