TW · AsiaVE · Americas
Taiwan vs Venezuela: tax rates compared
Taiwan's income tax rate is 6pp higher than Venezuela's (40% vs 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 | TW | VE | Difference |
|---|---|---|---|
| Income Tax | 40% | 34% | TW +6 pp |
| Corporate Tax | 20% | 34% | VE +14 pplargest gap |
| VAT | 5% | 16% | VE +11 pp |
| Capital Gains Tax | 0% | 1% | VE +1 pp |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Taiwan | 40% | Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | +6 pp | Taiwan higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Taiwan | 20% | 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 | −14 pp | Venezuela higher |
Venezuela's corporate tax rate is 14pp higher than Taiwan's (34% vs 20%). The 201-country average is 22.6%: Taiwan sits below it, Venezuela sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Taiwan | 5% | Source: PWC Worldwide Tax Summaries — Taiwan (Corporate, Other taxes) · as of 2026-01-12 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −11 pp | Venezuela higher |
Venezuela's VAT rate is 11pp higher than Taiwan's (16% vs 5%). The 181-country average is 15%: Taiwan sits below it, Venezuela sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Taiwan | 0% | Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Income determination / Capital gains tax rates quick chart) · as of 2026-01-12 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | −1 pp | Venezuela higher |
Venezuela's capital gains tax rate is 1pp higher than Taiwan's (1% vs 0%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Taiwan | 0% | Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12 |
| 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 Taiwan's (0.3% vs 0%). The 193-country average is 0.1%: Taiwan sits below it, Venezuela sits above it.
Not covered for both countries yet: Crypto Tax.