Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0
Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0
Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0
Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

Sales Tax Rate in Venezuela

Sales Tax Data in Venezuela

Indicator Data Period
Sales Tax Rate 16 % 2020


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 2020. 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 2020 28.01.2020
12 2019 27.06.2019
12 2018 13.02.2018
12 2017 07.02.2018
12 2016 11.08.2017
12 2015 31.12.2015
12 2014 31.12.2014
12 2013 31.12.2013


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 2020 34 % 34
Personal Income Tax Rate 2020 34 % 34
Social Security Rate 2019 24.5 % 24.5

Sales Tax Rate in other countries

Country Updated Actual Previous
Colombia 2020 19 % 19
Panama 2020 7 % 7
Honduras 2020 15 % 15
Brazil 2021 17 % 17
Chile 2020 19 % 19
Paraguay 2020 10 % 10
Argentina 2020 21 % 21
Canada 2020 5 % 5
Ecuador 2020 12 % 12
Mexico 2021 16 % 16
Peru 2020 18 % 18
United States 2021 0 % 0
Uruguay 2020 22 % 22
Jamaica 2020 16.5 % 16.5
Suriname 2020 10 % 10
Venezuela 2020 16 % 16
Belize 2020 12.5 % 12.5
Cameroon 2020 19.25 % 19.25
Cape Verde 2020 15 % 15
Dominican Republic 2020 18 % 18
Guyana 2020 14 % 14
Nicaragua 2020 15 % 15