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Personal Income Tax Rate in Venezuela

Tax Rate For Individuals in Venezuela

Indicator Data Period
Personal Income Tax Rate 34 % 2023


Latest data on Personal Income Tax Rate (%)

Personal Income Tax Rate
                     Venezuela - Historical Data (%)

What is personal tax rate in Venezuela?

  • Personal Income Tax Rate in Venezuela remained unchanged at 34 % in 2023. The maximum rate was 34 % and minimum was 34 %.
  • Data published Yearly by The Ministry of the Popular Power of Planning and Finance.

Historical Data (%) by years

Data
Period
Date
34 2023 03.04.2023
34 2022 24.10.2022
34 2021 02.06.2021
34 2020 11.02.2020
34 2018 12.02.2018
34 2016 11.08.2017
34 2015 31.12.2015
34 2014 31.12.2014


Historical Chart by presidents (%)

Personal Income Tax Rate in Venezuela by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicolás Maduro 05.03.2013 - 34.0000 34.0000 34.0000 34.0000 0.00%
Hugo Chávez 02.02.1999 - 05.03.2013 34.0000 34.0000 34.0000 34.0000 0.00%

Other taxes in Venezuela

Index Updated Actual Previous
Corporate Tax Rate 2023 34 % 34
Sales Tax Rate 2023 16 % 16
Social Security Rate 2023 23 % 23

Personal Income Tax Rate in other countries

Country Updated Actual Previous
Colombia 2023 39 % 39
Panama 2023 25 % 25
Puerto Rico 2023 33 % 33
Honduras 2023 25 % 25
Brazil 2023 27.5 % 27.5
Chile 2023 40 % 40
Argentina 2023 35 % 35
Canada 2022 33 % 33
Ecuador 2022 37 % 35
Mexico 2023 35 % 35
Peru 2023 30 % 30
United States 2023 37 % 37
Uruguay 2023 36 % 36
Jamaica 2023 30 % 30
Suriname 2023 38 % 38
Venezuela 2023 34 % 34
Cameroon 2023 38.5 % 38.5
Dominican Republic 2023 25 % 25
Nicaragua 2023 30 % 30