OM · AsiaVE · Americas

Oman vs Venezuela: tax rates compared

Venezuela's income tax rate is 34pp higher than Oman's (34% vs 0%). The 200-country average is 28%: Oman sits below it, Venezuela sits above it.

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

0102030405060Income0%34%Corporate15%34%VAT5%16%Capital Gains0%1%Wealth Tax0%0.3%
five shared taxes, side by side
Tax OM VEDifference
Income Tax0%34%VE +34 pplargest gap
Corporate Tax15%34%VE +19 pp
VAT5%16%VE +11 pp
Capital Gains Tax0%1%VE +1 pp
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference−34 ppVenezuela higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Oman15%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 higher

Venezuela's corporate tax rate is 19pp higher than Oman's (34% vs 15%). The 201-country average is 22.6%: Oman sits below it, Venezuela sits above it.

VAT

VAT, side by side
CountryRateSource
Oman5%Source: PWC Worldwide Tax Summaries — Oman (Corporate, Other taxes) · as of 2026-07-07
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference−11 ppVenezuela higher

Venezuela's VAT rate is 11pp higher than Oman's (16% vs 5%). The 181-country average is 15%: Oman sits below it, Venezuela sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Venezuela1%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12
Difference−1 ppVenezuela higher

Venezuela's capital gains tax rate is 1pp higher than Oman's (1% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Other taxes) · as of 2026-07-07
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 Oman's (0.3% vs 0%). The 193-country average is 0.1%: Oman sits below it, Venezuela sits above it.

Not covered for both countries yet: Crypto Tax.