The Sales Tax Rate in Venezuela stands at 12 percent.

Sales Tax Rate in Venezuela averaged 11.86 percent from 2006 until 2019, reaching an all time high of 14 percent in 2007 and a record low of 9 percent in 2008. This page provides - Venezuela Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sales Tax Rate in Venezuela is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Sales Tax Rate - VAT is projected to trend around 12.00 percent in 2020, according to our econometric models.


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Venezuela Sales Tax Rate  - VAT

Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 14.00 9.00 2006 - 2019 percent Yearly

Venezuela Sales Tax Rate - VAT
In Venezuela, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Venezuela.

Venezuela Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 34.00 34.00 34.00 34.00 percent [+]
Personal Income Tax Rate 34.00 34.00 34.00 34.00 percent [+]
Sales Tax Rate 12.00 12.00 14.00 9.00 percent [+]
Social Security Rate 24.50 24.50 25.00 23.00 percent [+]
Social Security Rate For Companies 19.00 19.00 19.00 17.00 percent [+]
Social Security Rate For Employees 5.50 5.50 6.00 5.50 percent [+]