Venezuela vs Liberia
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.
🇱🇷 Liberia — County & District Taxes
Liberia's 15 counties and districts collect local taxes including property tax (1%–3% of market value), business licence fees, and local service charges. The Liberia Revenue Authority (LRA) administers national taxes. Liberia uses the US dollar alongside the Liberian dollar. The country was devastated by civil wars (1989–2003) and the 2014–16 Ebola epidemic. Iron ore (ArcelorMittal, China Union), rubber, palm oil, and timber are key exports. Tax reform has been a focus of post-conflict reconstruction under successive administrations.
Venezuela vs Liberia: Key Tax Differences (2026)
💰 Income Tax: 🇻🇪 Venezuela has a higher top income tax rate (6–34% vs 0–25%). 🇱🇷 Liberia is more favourable for high earners.
🛒 VAT/Sales Tax: Venezuela has a higher consumption tax (16% vs 10%).
🏢 Corporate Tax: 🇱🇷 Liberia offers a lower corporate rate (25% vs 34%), which can influence business location decisions.
📈 Capital Gains: 🇱🇷 Liberia taxes investment gains at a lower rate (15% vs 34%), benefiting investors.