TO · OceaniaVE · Americas

Tonga vs Venezuela: tax rates compared

Venezuela's income tax rate is 9pp higher than Tonga's (34% vs 25%). The 200-country average is 28%: Tonga sits below it, Venezuela sits above it. Tonga's figure is dated 2021-07-01 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

0102030405060Income25%34%Corporate25%34%VAT15%16%Wealth Tax0%0.3%
four shared taxes, side by side
Tax TO VEDifference
Income Tax25%34%VE +9 pplargest gap
Corporate Tax25%34%VE +9 pp
VAT15%16%VE +1 pp
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Tonga25%Source: Ministry of Revenue & Customs, Government of Tonga — Individual Employee · as of 2021-07-01
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference−9 ppVenezuela higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Tonga25%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 Tonga's (34% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Tonga15%Source: Consumption Tax Act (CAP 26.02, 2016 Revised Edition), Kingdom of Tonga · as of 2010-11-24
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference−1 ppVenezuela higher

Venezuela's VAT rate is 1pp higher than Tonga's (16% vs 15%). The 181-country average is 15%: Tonga matches the world average, Venezuela sits above it. Tonga's figure is dated 2010-11-24 and Venezuela's 2026-01-12, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Tonga0%Source: Tonga Ministry of Revenue & Customs — Tax Legislations (official index) · 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 Tonga's (0.3% vs 0%). The 193-country average is 0.1%: Tonga sits below it, Venezuela sits above it.

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