IE · EuropeVE · Americas
Ireland vs Venezuela: tax rates compared
Ireland's income tax rate is 14pp higher than Venezuela's (48% vs 34%). The 200-country average is 28%: both sit above it. Ireland'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 | IE | VE | Difference |
|---|---|---|---|
| Income Tax | 48% | 34% | IE +14 pp |
| Corporate Tax | 12.5% | 34% | VE +21.5 pp |
| VAT | 23% | 16% | IE +7 pp |
| Capital Gains Tax | 33% | 1% | IE +32 pplargest gap |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 48% | 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 | +14 pp | Ireland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 12.5% | 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 | −21.5 pp | Venezuela higher |
Venezuela's corporate tax rate is 21.5pp higher than Ireland's (34% vs 12.5%). The 201-country average is 22.6%: Ireland sits below it, Venezuela sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Ireland | 23% | Source: PWC Worldwide Tax Summaries — Ireland (Corporate, Other taxes) · as of 2026-03-06 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +7 pp | Ireland higher |
Ireland's VAT rate is 7pp higher than Venezuela's (23% vs 16%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 33% | Source: PWC Worldwide Tax Summaries — Ireland (Individual, Income determination) · as of 2026-03-06 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | +32 pp | Ireland higher |
Ireland's capital gains tax rate is 32pp higher than Venezuela's (33% vs 1%). The 175-country average is 10.3%: Ireland sits above it, Venezuela sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 0% | Source: PWC Worldwide Tax Summaries — Ireland (Individual, Other taxes) · as of 2026-03-06 |
| 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 Ireland's (0.3% vs 0%). The 193-country average is 0.1%: Ireland sits below it, Venezuela sits above it.
Not covered for both countries yet: Crypto Tax.