The Sales Tax Rate in Venezuela stands at 16 percent. source: Ministerio del Poder Popular de Finanzas, SENIAT
Sales Tax Rate in Venezuela averaged 12.40 percent from 2006 until 2020, reaching an all time high of 16 percent in 2019 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. Venezuela Sales Tax Rate - VAT - values, historical data and charts - was last updated on May of 2021.
Sales Tax Rate in Venezuela is expected to reach 16.00 percent by the end of 2020, 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 16.00 percent in 2021, according to our econometric models.