TG · AfricaVE · Americas

Togo vs Venezuela: tax rates compared

Togo's income tax rate is 1pp higher than Venezuela's (35% vs 34%). The 200-country average is 28%: both sit above it. Togo's figure is dated 2025-04-23 and Venezuela's 2026-01-12, so the two rates come from different data vintages.

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

0102030405060Income34%35%Corporate27%34%VAT16%18%Wealth Tax0%0.3%
four shared taxes, side by side
Tax TG VEDifference
Income Tax35%34%TG +1 pp
Corporate Tax27%34%VE +7 pplargest gap
VAT18%16%TG +2 pp
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Togo35%Source: Office Togolais des Recettes — Code Général des Impôts et Livre des Procédures Fiscales (mis à jour 2025), Art. 74 · as of 2025-04-23
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference+1 ppTogo higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Togo27%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−7 ppVenezuela higher

Venezuela's corporate tax rate is 7pp higher than Togo's (34% vs 27%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Togo18%Source: Office Togolais des Recettes (OTR) — La Taxe sur la Valeur Ajoutée (TVA) · as of 2020-01-01
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference+2 ppTogo higher

Togo's VAT rate is 2pp higher than Venezuela's (18% vs 16%). The 181-country average is 15%: both sit above it. Togo's figure is dated 2020-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Togo0%Source: Investir au Togo (Togo government investment promotion portal) — Fiscalité · 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 Togo's (0.3% vs 0%). The 193-country average is 0.1%: Togo sits below it, Venezuela sits above it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.