TV · OceaniaVE · Americas
Tuvalu vs Venezuela: tax rates compared
Venezuela has an income tax rate of 34%, 4pp above Tuvalu's 30%. The 200-country average is 28%: both sit above it. Tuvalu's figure is dated 2023-07-21 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
| Tax | TV | VE | Difference |
|---|---|---|---|
| Income Tax | 30% | 34% | VE +4 pp |
| VAT | 4% | 16% | VE +12 pplargest gap |
| Capital Gains Tax | 0% | 1% | VE +1 pp |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Tuvalu | 30% | Source: Tuvalu Legislation (official government legislation portal) — Income Tax Act, CAP. 26.16 (2022 Revised Edition), Schedule 6 · as of 2023-07-21 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −4 pp | Venezuela higher |
VAT
| Country | Rate | Source |
|---|---|---|
| Tuvalu | 4% | Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −12 pp | Venezuela higher |
Venezuela has a VAT rate of 16%, 12pp above Tuvalu's 4%. The 181-country average is 15%: Tuvalu sits below it, Venezuela sits above it. Tuvalu's figure is dated 2011-12-19 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Tuvalu | 0% | Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | −1 pp | Venezuela higher |
Venezuela has a capital gains tax rate of 1%, 1pp above Tuvalu's 0%. The 175-country average is 10.3%: both sit below it. Tuvalu's figure is dated 2022-12-31 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Tuvalu | 0% | Source: Tuvalu Income Tax Act 1992 (principal direct-tax statute), via International Center for Not-for-Profit Law mirror · 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 has a wealth tax rate of 0.3%, 0.3pp above Tuvalu's 0%. The 193-country average is 0.1%: Tuvalu sits below it, Venezuela sits above it.
Not covered for both countries yet: Corporate Tax, Crypto Tax.