IT · EuropeVE · Americas
Italy vs Venezuela: tax rates compared
Italy's income tax rate is 13.2pp higher than Venezuela's (47.2% vs 34%). The 200-country average is 28%: both sit above it. Italy'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 | IT | VE | Difference |
|---|---|---|---|
| Income Tax | 47.2% | 34% | IT +13.2 pp |
| Corporate Tax | 27.8% | 34% | VE +6.2 pp |
| VAT | 22% | 16% | IT +6 pp |
| Capital Gains Tax | 26% | 1% | IT +25 pplargest gap |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 47.2% | 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 | +13.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 27.8% | 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 | −6.2 pp | Venezuela higher |
Venezuela's corporate tax rate is 6.2pp higher than Italy's (34% vs 27.8%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +6 pp | Italy higher |
Italy's VAT rate is 6pp higher than Venezuela's (22% vs 16%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 26% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | +25 pp | Italy higher |
Italy's capital gains tax rate is 25pp higher than Venezuela's (26% vs 1%). The 175-country average is 10.3%: Italy sits above it, Venezuela sits below it. Italy's figure is dated 2019-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| 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 Italy's (0.3% vs 0%). The 193-country average is 0.1%: Italy sits below it, Venezuela sits above it. Italy's figure is dated 2024-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.