🇻🇪 Venezuela, RB
Latin America & Caribbean ·
14.4%
tax-to-GDP, general govt (2013, OECD)
1/11
enforcement powers assessed
Where the tax bite lands (2013)
Tax revenue by category, % of GDP, general government — OECD Revenue Statistics (Global).
Who collects it (2015)
| Level of government | % of GDP |
|---|---|
| Central government | 15.1% |
Tax-to-GDP over time
| 2000 | 2010 | 2013 |
|---|---|---|
| 13.5% | 11.8% | 14.4% |
General government, OECD Revenue Statistics (Global).
Headline statutory rates
As stated in PwC Worldwide Tax Summaries’ territory overview (fetched 2026-08-20) — the wording is PwC’s; source.
| Tax | Headline rate as stated |
|---|---|
| Headline PIT rate | 34 |
| Headline CIT rate | 34 |
| Standard VAT rate | 16 |
| Headline individual capital gains tax rate | Capital gains are subject to the normal PIT rate. |
| Headline corporate capital gains tax rate | Capital gains are subject to the normal CIT rate. |
| WHT rates (%) (Dividends/Interest/Royalties) | Resident: 34 / 0 or 5 / 0 - see summary; Non-resident: 34 / see summary / see summary |
| Headline net wealth/worth tax rate | 0.25 |
| Headline inheritance tax rate | Varies depending on degree of kinship. |
| Headline gift tax rate | Varies depending on degree of kinship. NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement) NP stands for Not Provided (i.e. the information is not currently provided in this chart) |
Enforcement powers
Citizenship-based taxation No — power absent
Venezuela taxes individuals by residence, not citizenship (PwC Worldwide Tax Summaries).
“Resident individuals are subject to tax on their worldwide income.”
Source: PwC Worldwide Tax Summaries — VenezuelaProfessional / legal analysis · quote machine-verified 2026-08-25