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Russia vs Venezuela: tax rates compared

Venezuela's income tax rate is 12pp higher than Russia's (34% vs 22%). The 200-country average is 28%: Russia 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

0102030405060Income22%34%Corporate25%34%VAT16%22%Capital Gains1%15%Wealth Tax0%0.3%
five shared taxes, side by side
Tax RU VEDifference
Income Tax22%34%VE +12 pp
Corporate Tax25%34%VE +9 pp
VAT22%16%RU +6 pp
Capital Gains Tax15%1%RU +14 pplargest gap
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Russia22%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference−12 ppVenezuela higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Russia25%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−9 ppVenezuela higher

Venezuela's corporate tax rate is 9pp higher than Russia's (34% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Russia22%Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference+6 ppRussia higher

Russia's VAT rate is 6pp higher than Venezuela's (22% vs 16%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Russia15%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Venezuela1%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12
Difference+14 ppRussia higher

Russia's capital gains tax rate is 14pp higher than Venezuela's (15% vs 1%). The 175-country average is 10.3%: Russia sits above it, Venezuela sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Russia0%Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18
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 Russia's (0.3% vs 0%). The 193-country average is 0.1%: Russia sits below it, Venezuela sits above it.

Not covered for both countries yet: Crypto Tax.