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Venezuela vs San Marino
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇻🇪 Venezuela
vs
🇸🇲 San Marino
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
6–34%
34% top; dollarized economy stabilizing tax base
No change
9–35%
35% top; EU association reforms ongoing
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
16%
16% IVA maintained
No change
17%
17% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
15–34%
15–34%; oil sector investment incentives
No change
17%
17% IRES; Pillar Two compliance
No change

Capital Gains Tax

Capital Gains Tax
34%
34% as income
No change
0–17%
CGT structure maintained
No change

Social Security & Payroll

Social Security / Payroll
~20%
IVSS reform needed; formal sector growing slowly
No change
~30%
ISS reform; pension sustainability
No change
State, Regional & Local Taxes

🇻🇪 VenezuelaMunicipal & 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.

🇸🇲 San MarinoMunicipal Taxes (Castelli)

San Marino's 9 castelli (municipalities) levy local property tax supplements and communal fees. San Marino is an enclave within Italy using the euro but maintaining fiscal sovereignty under a Convention with the EU. The income tax (IRPEF) uses a progressive scale. San Marino aims to be a competitive financial jurisdiction while maintaining EU market access — with corporate tax notably lower than neighbouring Italy.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Venezuela vs San Marino: Key Tax Differences (2026)

💰 Income Tax: 🇸🇲 San Marino has a higher top income tax rate (6–34% vs 9–35%). 🇻🇪 Venezuela is more favourable for high earners.

🛒 VAT/Sales Tax: San Marino has a higher consumption tax (16% vs 17%).

🏢 Corporate Tax: 🇸🇲 San Marino offers a lower corporate rate (17% vs 34%), which can influence business location decisions.

📈 Capital Gains: 🇸🇲 San Marino taxes investment gains at a lower rate (17% vs 34%), benefiting investors.

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