UA · EuropeVE · Americas

Ukraine vs Venezuela: tax rates compared

Venezuela's income tax rate is 16pp higher than Ukraine's (34% vs 18%). The 200-country average is 28%: Ukraine sits below it, Venezuela sits 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

0102030405060Income18%34%Corporate18%34%VAT16%20%Capital Gains1%18%Wealth Tax0%0.3%
five shared taxes, side by side
Tax UA VEDifference
Income Tax18%34%VE +16 pp
Corporate Tax18%34%VE +16 pp
VAT20%16%UA +4 pp
Capital Gains Tax18%1%UA +17 pplargest gap
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Ukraine18%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference−16 ppVenezuela higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ukraine18%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−16 ppVenezuela higher

Venezuela's corporate tax rate is 16pp higher than Ukraine's (34% vs 18%). The 201-country average is 22.6%: Ukraine sits below it, Venezuela sits above it.

VAT

VAT, side by side
CountryRateSource
Ukraine20%Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference+4 ppUkraine higher

Ukraine's VAT rate is 4pp higher than Venezuela's (20% vs 16%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Ukraine18%Source: PWC Worldwide Tax Summaries — Capital gains tax (CGT) rates (quick chart, Ukraine individual row) · as of 2026-06-30
Venezuela1%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12
Difference+17 ppUkraine higher

Ukraine's capital gains tax rate is 17pp higher than Venezuela's (18% vs 1%). The 175-country average is 10.3%: Ukraine sits above it, Venezuela sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Ukraine0%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30
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 Ukraine's (0.3% vs 0%). The 193-country average is 0.1%: Ukraine sits below it, Venezuela sits above it.

Not covered for both countries yet: Crypto Tax.