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Personal Income Tax Rate in Venezuela

Tax Rate For Individuals in Venezuela

Indicator Data Period
Personal Income Tax Rate 34 % 2021


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 2021. 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 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
34 2013 31.12.2013
34 2012 31.12.2012


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 2021 34 % 34
Sales Tax Rate 2021 16 % 16
Social Security Rate 2021 23 % 24.5

Personal Income Tax Rate in other countries

Country Updated Actual Previous
Colombia 2021 39 % 39
Panama 2021 25 % 25
Puerto Rico 2021 33 % 33
Honduras 2021 25 % 25
Brazil 2021 27.5 % 27.5
Chile 2021 40 % 40
Argentina 2021 35 % 35
Canada 2021 33 % 33
Ecuador 2021 35 % 35
Mexico 2021 35 % 35
Peru 2021 30 % 30
United States 2021 37 % 37
Uruguay 2021 36 % 36
Jamaica 2021 30 % 25
Suriname 2021 38 % 38
Venezuela 2021 34 % 34
Cameroon 2021 35 % 38.5
Dominican Republic 2021 25 % 25
Nicaragua 2021 30 % 30