Venezuela vs Bhutan
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇻🇪 Venezuela — Municipal & State Taxes
Venezuela's 23 states and Caracas Capital District have constitutionally defined taxing powers. States levy taxes on minerals, hydrocarbons (petróleo royalties), and salinas. Municipalities levy the Impuesto sobre Actividades Económicas (IAE) — a gross receipts tax — at 0.5%–10% on businesses, varying dramatically by municipality. The SENIAT (tax authority) administers national taxes. Hyperinflation (2017–2021) destroyed the bolívar and most formal taxation. Dollarization and new strong bolívar (VES) partially stabilized the system. Significant informal economy.
🇧🇹 Bhutan — Dzongkhag & Thromde Taxes
Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.
Venezuela vs Bhutan: Key Tax Differences (2026)
💰 Income Tax: 🇻🇪 Venezuela has a higher top income tax rate (6–34% vs 0–25%). 🇧🇹 Bhutan is more favourable for high earners.
🛒 VAT/Sales Tax: Venezuela has a higher consumption tax (16% vs 0%).
🏢 Corporate Tax: 🇧🇹 Bhutan offers a lower corporate rate (30% vs 34%), which can influence business location decisions.
📈 Capital Gains: 🇧🇹 Bhutan taxes investment gains at a lower rate (0% vs 34%), benefiting investors.