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Sales Tax Rate in Venezuela

Sales Tax Data in Venezuela

Indicator Data Period
Sales Tax Rate 16 % 2023


Latest data on Sales Tax Rate (%)

Sales Tax Rate
                     Venezuela - Historical Data (%)

What is Sales Tax Rate in Venezuela?

  • Sales Tax Rate in Venezuela remained unchanged at 16 % in 2023. The maximum rate was 16 % and minimum was 9 %.
  • Data published Yearly by The Ministry of the Popular Power of Planning and Finance.

Historical Data (%) by years

Data
Period
Date
16 2023 05.04.2023
16 2022 24.10.2022
16 2021 02.06.2021
16 2020 28.01.2020
12 2019 27.06.2019
12 2018 13.02.2018
12 2017 07.02.2018
12 2016 11.08.2017


Historical Chart by presidents (%)

Sales Tax Rate in Venezuela by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicolás Maduro 05.03.2013 - 12.0000 12.0000 12.0000 12.0000 0.00%
Hugo Chávez 02.02.1999 - 05.03.2013 14.0000 12.0000 14.0000 9.0000 -14.29%

Other taxes in Venezuela

Index Updated Actual Previous
Corporate Tax Rate 2023 34 % 34
Personal Income Tax Rate 2023 34 % 34
Social Security Rate 2023 23 % 23

Sales Tax Rate in other countries

Country Updated Actual Previous
Colombia 2023 19 % 19
Panama 2023 7 % 7
Honduras 2023 15 % 15
Brazil 2023 17 % 17
Chile 2023 19 % 19
Paraguay 2023 10 % 10
Argentina 2023 21 % 21
Canada 2022 5 % 5
Ecuador 2023 12 % 12
Mexico 2023 16 % 16
Peru 2023 18 % 18
United States 2023 0 % 0
Uruguay 2023 22 % 22
Jamaica 2023 15 % 15
Suriname 2023 10 % 10
Venezuela 2023 16 % 16
Belize 2022 12.5 % 12.5
Cameroon 2023 19.25 % 19.25
Cape Verde 2023 15 % 15
Dominican Republic 2023 18 % 18
Guyana 2023 14 % 14
Nicaragua 2023 15 % 15