BT · AsiaVE · Americas

Bhutan vs Venezuela: tax rates compared

Between the two, Venezuela's income tax rate (34%) tops Bhutan's (30%) by 4pp. 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%VAT5%16%Wealth Tax0%0.3%
four shared taxes, side by side
Tax BT VEDifference
Income Tax30%34%VE +4 pp
Corporate Tax25%34%VE +9 pp
VAT5%16%VE +11 pplargest gap
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Bhutan30%Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20
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
Bhutan25%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

Between the two, Venezuela's corporate tax rate (34%) tops Bhutan's (25%) by 9pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Bhutan5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference−11 ppVenezuela higher

Between the two, Venezuela's VAT rate (16%) tops Bhutan's (5%) by 11pp. The 181-country average is 15%: Bhutan sits below it, Venezuela sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bhutan0%Source: Bhutan Department of Revenue and Customs, Ministry of Finance · as of 2026-07-18
Venezuela0.3%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12
Difference−0.3 ppVenezuela higher

Between the two, Venezuela's wealth tax rate (0.3%) tops Bhutan's (0%) by 0.3pp. The 193-country average is 0.1%: Bhutan sits below it, Venezuela sits above it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.