Guyana Withholding tax rates
Guyana Withholding tax rates: no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 10 Aug 2026.
The withholding taxes Guyana levies under section 39 of the Income Tax Act Cap. 81:01 on gross distributions, interest and other payments (royalties, management charges, technical and professional fees, rent) to persons not resident in Guyana, at the domestic statutory rates in the Third Schedule, before any double-tax agreement relief. Administered by the Guyana Revenue Authority (GRA).
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| Current value | structured — see the API |
|---|---|
| In force from | 2004-01-01 |
| Official source | Income Tax Act Cap. 81:01, s.39(1): 'There shall be levied and paid income tax (in this Act referred to as withholding tax) at the rate set out in the Third Schedule - (a) on any gross distribution made to any person not resident in Guyana. (b) on any gross payment not being interest ... made to any person not resident in Guyana ... (c) on gross payment, being interest earned on savings accounts ... (d) ... interest earned on loans secured by bonds and similar instruments ... (e) on every discount earned on treasury bills'. Third Schedule (Appendix 2 of the GRA consolidated Act): from YA 2004 - distributions to non-residents 20%; interest 20%; payments other than interest to non-residents 20%. |
| Last verified | 2026-08-10 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
THERE IS NO SINGLE WITHHOLDING TAX RATE, WHICH IS WHY value IS NULL - although Guyana is unusually uniform: every head of payment to a non-resident (distributions, interest, and all other payments including royalties and fees) carries the same 20% statutory rate. A caller wanting a number must still name which payment type; read withholding_rates rather than expecting a headline figure. ALL RATES ARE DOMESTIC STATUTORY RATES, BEFORE TREATY RELIEF. Section 39(3) requires the payer to deduct at the Third Schedule rate UNLESS the payer satisfies the Commissioner-General that a reduced rate applies under a double taxation agreement or an Order under s.91. We do NOT serve treaty rates: they are bilateral, run to thousands of country pairs, and applying one is a legal determination rather than a lookup. The 20% rates have applied since Year of Assessment 2004 (raised from 15% distributions / 15% interest / 10% other payments that applied YA 1993-2003, per the rate history table in Appendix 2); effective_from is stated as 2004-01-01 on that YA basis. The consolidated Act served here is the GRA text revised to Act 8 of 2019; PwC Worldwide Tax Summaries (last reviewed 2 June 2026) confirms 20% dividends/interest/royalties as the current rates. The separate 2% withholding on payments over GYD 500,000 to RESIDENT contractors (s.39, from YA 2018) is a domestic advance tax on residents, not a non-resident withholding, and is deliberately not served in this series.
Get it programmatically
curl https://latamref.dev/v1/gy/withholding-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/gy/withholding-tax/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/gy/withholding-taxOther Guyana series: Bank of Guyana Bank Rate (rediscount rate) · Value-Added Tax standard rate · VAT registration threshold · National Minimum Wage (private sector) · Public holidays · CPI inflation (year-on-year) · Corporation tax standard rate (non-commercial company) · Statutory interest on debts and damages · Personal income tax rates · Statutory social-insurance contributions
The same figure elsewhere: Honduras · Jamaica · Mexico · Nicaragua · Panama · all 22