The Personal Income Tax Rate in Venezuela stands at 34 percent. source: Ministerio del Poder Popular de Finanzas, SENIAT

Personal Income Tax Rate in Venezuela is expected to reach 34.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Personal Income Tax Rate is projected to trend around 34.00 percent in 2021, according to our econometric models.

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Venezuela Personal Income Tax Rate


Venezuela Last Unit Reference Previous Highest Lowest
Personal Income Tax Rate 34.00 percent Dec/21 34.00 34.00 34.00
Corporate Tax Rate 34.00 percent Dec/21 34.00 34.00 34.00
Sales Tax Rate 16.00 percent Dec/21 16.00 16.00 9.00


Venezuela Personal Income Tax Rate
In Venezuela, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Venezuela.