MV · AsiaVE · Americas
Maldives vs Venezuela: tax rates compared
Between the two, Venezuela's income tax rate (34%) tops Maldives's (15%) by 19pp. The 200-country average is 28%: Maldives sits below it, Venezuela sits above it. Maldives's figure is dated 2020-01-01 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
| Tax | MV | VE | Difference |
|---|---|---|---|
| Income Tax | 15% | 34% | VE +19 pplargest gap |
| Corporate Tax | 15% | 34% | VE +19 pp |
| VAT | 8% | 16% | VE +8 pp |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −19 pp | Venezuela higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | 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 | −19 pp | Venezuela higher |
Between the two, Venezuela's corporate tax rate (34%) tops Maldives's (15%) by 19pp. The 201-country average is 22.6%: Maldives sits below it, Venezuela sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −8 pp | Venezuela higher |
Between the two, Venezuela's VAT rate (16%) tops Maldives's (8%) by 8pp. The 181-country average is 15%: Maldives sits below it, Venezuela sits above it. Maldives's figure is dated 2023-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01 |
| 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 Maldives's (0%) by 0.3pp. The 193-country average is 0.1%: Maldives sits below it, Venezuela sits above it. Maldives's figure is dated 2025-10-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.