SL · AfricaVE · Americas
Sierra Leone vs Venezuela: tax rates compared
Venezuela's income tax rate is 4pp higher than Sierra Leone's (34% vs 30%). The 200-country average is 28%: both sit above it. Sierra Leone's figure is dated 2021-01-01 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 | SL | VE | Difference |
|---|---|---|---|
| Income Tax | 30% | 34% | VE +4 pp |
| Corporate Tax | 25% | 34% | VE +9 pp |
| VAT | 15% | 16% | VE +1 pp |
| Capital Gains Tax | 25% | 1% | SL +24 pplargest gap |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Sierra Leone | 30% | Source: Sierra Leone National Revenue Authority — 2022 NRA Tax Guide · as of 2021-01-01 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −4 pp | Venezuela higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Sierra Leone | 25% | 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 | −9 pp | Venezuela higher |
Venezuela's corporate tax rate is 9pp higher than Sierra Leone's (34% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Sierra Leone | 15% | Source: National Revenue Authority (Sierra Leone) — A Guide to the GST Legislation · as of 2009-03-01 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −1 pp | Venezuela higher |
Venezuela's VAT rate is 1pp higher than Sierra Leone's (16% vs 15%). The 181-country average is 15%: Sierra Leone matches the world average, Venezuela sits above it. Sierra Leone's figure is dated 2009-03-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Sierra Leone | 25% | Source: National Revenue Authority, Sierra Leone — Finance Act 2021 (Section 13, amending Income Tax Act 2000 Section 57(1)) · as of 2021-01-01 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | +24 pp | Sierra Leone higher |
Sierra Leone's capital gains tax rate is 24pp higher than Venezuela's (25% vs 1%). The 175-country average is 10.3%: Sierra Leone sits above it, Venezuela sits below it. Sierra Leone's figure is dated 2021-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Sierra Leone | 0% | Source: Sierra Leone National Revenue Authority — Tax Laws & Regulations (official index) · 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 |
Venezuela's wealth tax rate is 0.3pp higher than Sierra Leone's (0.3% vs 0%). The 193-country average is 0.1%: Sierra Leone sits below it, Venezuela sits above it.
Not covered for both countries yet: Crypto Tax.