BY · EuropeVE · Americas

Belarus vs Venezuela: tax rates compared

Venezuela's income tax rate is 4pp higher than Belarus's (34% vs 30%). The 200-country average is 28%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%34%Corporate25%34%VAT16%20%Capital Gains1%13%
four shared taxes, side by side
Tax BY VEDifference
Income Tax30%34%VE +4 pp
Corporate Tax25%34%VE +9 pp
VAT20%16%BY +4 pp
Capital Gains Tax13%1%BY +12 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Belarus30%Source: Official Internet Portal of the President of the Republic of Belarus — "Aleksandr Lukashenko approves changes to tax legislation" · as of 2026-01-01
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference−4 ppVenezuela higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belarus25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Venezuela34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−9 ppVenezuela higher

Venezuela's corporate tax rate is 9pp higher than Belarus's (34% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

Belarus's VAT rate is 4pp higher than Venezuela's (20% vs 16%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Belarus's capital gains tax rate is 12pp higher than Venezuela's (13% vs 1%). The 175-country average is 10.3%: Belarus sits above it, Venezuela sits below it.

Not covered for both countries yet: Crypto Tax, Wealth Tax.