KW · Asia ↔ VE · Americas

Kuwait vs Venezuela: tax rates compared

Between the two, Venezuela's corporate tax rate (34%) tops Kuwait's (15%) by 19pp. The 201-country average is 22.6%: Kuwait sits below it, Venezuela sits above it.

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

Corporate Tax

0102030405060World avg 22.6%KW 15%VE 34%
Corporate Tax, side by side
CountryRateSource
Kuwait15%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−19 ppVenezuela higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%KW 0%VE 0.3%
Wealth Tax, side by side
CountryRateSource
Kuwait0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-15
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 Kuwait's (0%) by 0.3pp. The 193-country average is 0.1%: Kuwait sits below it, Venezuela sits above it.

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