Venezuela vs Malawi
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.
🇲🇼 Malawi — District & City Councils
Malawi's 28 district councils and city/town assemblies levy property rates, trading licences, and local service charges. The Malawi Revenue Authority (MRA) administers national taxes. Malawi is landlocked and one of the world's poorest countries — highly dependent on tobacco exports (declining due to health campaigns), tea, and sugar, plus significant international aid. An IMF Extended Credit Facility has been supporting fiscal consolidation. The kwacha has experienced significant depreciation, complicating tax bracket real values over time.
Venezuela vs Malawi: Key Tax Differences (2026)
💰 Income Tax: 🇲🇼 Malawi has a higher top income tax rate (6–34% vs 0–35%). 🇻🇪 Venezuela is more favourable for high earners.
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (16% vs 16.5%).
🏢 Corporate Tax: 🇲🇼 Malawi offers a lower corporate rate (30% vs 34%), which can influence business location decisions.
📈 Capital Gains: 🇲🇼 Malawi taxes investment gains at a lower rate (30% vs 34%), benefiting investors.