LT · EuropeVE · Americas
Lithuania vs Venezuela: tax rates compared
Between the two, Venezuela's income tax rate (34%) tops Lithuania's (32%) by 2pp. The 200-country average is 28%: both sit above it. Lithuania'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 | LT | VE | Difference |
|---|---|---|---|
| Income Tax | 32% | 34% | VE +2 pp |
| Corporate Tax | 16% | 34% | VE +18 pp |
| VAT | 21% | 16% | LT +5 pp |
| Capital Gains Tax | 20% | 1% | LT +19 pplargest gap |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 32% | 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 | −2 pp | Venezuela higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 16% | 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 | −18 pp | Venezuela higher |
Between the two, Venezuela's corporate tax rate (34%) tops Lithuania's (16%) by 18pp. The 201-country average is 22.6%: Lithuania sits below it, Venezuela sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Lithuania | 21% | Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +5 pp | Lithuania higher |
Between the two, Lithuania's VAT rate (21%) tops Venezuela's (16%) by 5pp. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 20% | Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | +19 pp | Lithuania higher |
Between the two, Lithuania's capital gains tax rate (20%) tops Venezuela's (1%) by 19pp. The 175-country average is 10.3%: Lithuania sits above it, Venezuela sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Lithuania | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10 |
| Venezuela | 0.3% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12 |
| Difference | −0.3 pp | Venezuela higher |
Between the two, Venezuela's wealth tax rate (0.3%) tops Lithuania's (0%) by 0.3pp. The 193-country average is 0.1%: Lithuania sits below it, Venezuela sits above it.
Not covered for both countries yet: Crypto Tax.