PW · OceaniaVE · Americas
Palau vs Venezuela: tax rates compared
Between the two, Venezuela's income tax rate (34%) tops Palau's (12%) by 22pp. The 200-country average is 28%: Palau sits below it, Venezuela sits above it.
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 | PW | VE | Difference |
|---|---|---|---|
| Income Tax | 12% | 34% | VE +22 pplargest gap |
| VAT | 10% | 16% | VE +6 pp |
| Capital Gains Tax | 0% | 1% | VE +1 pp |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Palau | 12% | Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −22 pp | Venezuela higher |
VAT
| Country | Rate | Source |
|---|---|---|
| Palau | 10% | Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −6 pp | Venezuela higher |
Between the two, Venezuela's VAT rate (16%) tops Palau's (10%) by 6pp. The 181-country average is 15%: Palau sits below it, Venezuela sits above it. Palau's figure is dated 2023-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Palau | 0% | Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | −1 pp | Venezuela higher |
Between the two, Venezuela's capital gains tax rate (1%) tops Palau's (0%) by 1pp. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Palau | 0% | Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18 |
| 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 Palau's (0%) by 0.3pp. The 193-country average is 0.1%: Palau sits below it, Venezuela sits above it.
Not covered for both countries yet: Corporate Tax, Crypto Tax.