AZ · AsiaVE · Americas
Azerbaijan vs Venezuela: tax rates compared
Venezuela has an income tax rate of 34%, 9pp above Azerbaijan's 25%. The 200-country average is 28%: Azerbaijan sits below it, Venezuela sits above it.
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 | AZ | VE | Difference |
|---|---|---|---|
| Income Tax | 25% | 34% | VE +9 pp |
| Corporate Tax | 20% | 34% | VE +14 pplargest gap |
| VAT | 18% | 16% | AZ +2 pp |
| Capital Gains Tax | 14% | 1% | AZ +13 pp |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 25% | Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Taxes on personal income) · as of 2026-01-09 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −9 pp | Venezuela higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 20% | 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 | −14 pp | Venezuela higher |
Venezuela has a corporate tax rate of 34%, 14pp above Azerbaijan's 20%. The 201-country average is 22.6%: Azerbaijan sits below it, Venezuela sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 18% | Source: PWC Worldwide Tax Summaries — Azerbaijan (Corporate, Other taxes) · as of 2026-01-09 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +2 pp | Azerbaijan higher |
Azerbaijan has a VAT rate of 18%, 2pp above Venezuela's 16%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 14% | Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Taxes on personal income) · as of 2026-01-09 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | +13 pp | Azerbaijan higher |
Azerbaijan has a capital gains tax rate of 14%, 13pp above Venezuela's 1%. The 175-country average is 10.3%: Azerbaijan sits above it, Venezuela sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Azerbaijan | 0% | Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Other taxes) · as of 2026-01-09 |
| Venezuela | 0.3% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12 |
| Difference | −0.3 pp | Venezuela higher |
Venezuela has a wealth tax rate of 0.3%, 0.3pp above Azerbaijan's 0%. The 193-country average is 0.1%: Azerbaijan sits below it, Venezuela sits above it.
Not covered for both countries yet: Crypto Tax.