AU · OceaniaVE · Americas
Australia vs Venezuela: tax rates compared
Australia's income tax rate is 13pp higher than Venezuela's (47% vs 34%). The 200-country average is 28%: both sit above it. Australia's figure is dated 2025-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AU | VE | Difference |
|---|---|---|---|
| Income Tax | 47% | 34% | AU +13 pp |
| Corporate Tax | 30% | 34% | VE +4 pp |
| VAT | 10% | 16% | VE +6 pp |
| Capital Gains Tax | 45% | 1% | AU +44 pplargest gap |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 47% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | +13 pp | Australia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Venezuela | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −4 pp | Venezuela higher |
Venezuela's corporate tax rate is 4pp higher than Australia's (34% vs 30%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Australia | 10% | Source: PWC Worldwide Tax Summaries — Australia (Corporate, Other taxes) · as of 2026-06-30 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −6 pp | Venezuela higher |
Venezuela's VAT rate is 6pp higher than Australia's (16% vs 10%). The 181-country average is 15%: Australia sits below it, Venezuela sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 45% | Source: PWC Worldwide Tax Summaries — Australia (Individual, Taxes on personal income) · as of 2026-06-30 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | +44 pp | Australia higher |
Australia's capital gains tax rate is 44pp higher than Venezuela's (45% vs 1%). The 175-country average is 10.3%: Australia sits above it, Venezuela sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 0% | Source: PWC Worldwide Tax Summaries — Australia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Venezuela | 0.3% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12 |
| Difference | −0.3 pp | Venezuela higher |
Venezuela's wealth tax rate is 0.3pp higher than Australia's (0.3% vs 0%). The 193-country average is 0.1%: Australia sits below it, Venezuela sits above it.
Not covered for both countries yet: Crypto Tax.