ZA · AfricaVE · Americas
South Africa vs Venezuela: tax rates compared
South Africa has an income tax rate of 45%, 11pp above Venezuela's 34%. The 200-country average is 28%: both sit 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
| Tax | ZA | VE | Difference |
|---|---|---|---|
| Income Tax | 45% | 34% | ZA +11 pp |
| Corporate Tax | 27% | 34% | VE +7 pp |
| VAT | 15% | 16% | VE +1 pp |
| Capital Gains Tax | 18% | 1% | ZA +17 pplargest gap |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | +11 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 27% | 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 | −7 pp | Venezuela higher |
Venezuela has a corporate tax rate of 34%, 7pp above South Africa's 27%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −1 pp | Venezuela higher |
Venezuela has a VAT rate of 16%, 1pp above South Africa's 15%. The 181-country average is 15%: South Africa matches the world average, Venezuela sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | +17 pp | South Africa higher |
South Africa has a capital gains tax rate of 18%, 17pp above Venezuela's 1%. The 175-country average is 10.3%: South Africa sits above it, Venezuela sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Venezuela | 0.3% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12 |
| Difference | −0.3 pp | Venezuela higher |
Venezuela has a wealth tax rate of 0.3%, 0.3pp above South Africa's 0%. The 193-country average is 0.1%: South Africa sits below it, Venezuela sits above it.
Not covered for both countries yet: Crypto Tax.