KI · OceaniaVE · Americas

Kiribati vs Venezuela: tax rates compared

Venezuela's income tax rate is 4pp higher than Kiribati's (34% vs 30%). The 200-country average is 28%: both sit above it. Kiribati's figure is dated 2014-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.

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%Corporate34%35%VAT12.5%16%Wealth Tax0%0.3%
four shared taxes, side by side
Tax KI VEDifference
Income Tax30%34%VE +4 pplargest gap
Corporate Tax35%34%KI +1 pp
VAT12.5%16%VE +3.5 pp
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Kiribati30%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01
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
Kiribati35%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01
Venezuela34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppKiribati higher

Kiribati's corporate tax rate is 1pp higher than Venezuela's (35% vs 34%). The 201-country average is 22.6%: both sit above it. Kiribati's figure is dated 2001-01-01 and Venezuela's 2025-01-01, so the two rates come from different data vintages.

VAT

VAT, side by side
CountryRateSource
Kiribati12.5%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference−3.5 ppVenezuela higher

Venezuela's VAT rate is 3.5pp higher than Kiribati's (16% vs 12.5%). The 181-country average is 15%: Kiribati sits below it, Venezuela sits above it. Kiribati's figure is dated 2024-05-31 and Venezuela's 2026-01-12, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Kiribati0%Source: Kiribati Ministry of Finance and Economic Development — Taxation · 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

Venezuela's wealth tax rate is 0.3pp higher than Kiribati's (0.3% vs 0%). The 193-country average is 0.1%: Kiribati sits below it, Venezuela sits above it.

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