Venezuela vs United States
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ป๐ช Venezuela โ Municipal & State Taxes
Venezuela's 23 states and Caracas Capital District have constitutionally defined taxing powers. States levy taxes on minerals, hydrocarbons (petrรณleo royalties), and salinas. Municipalities levy the Impuesto sobre Actividades Econรณmicas (IAE) โ a gross receipts tax โ at 0.5%โ10% on businesses, varying dramatically by municipality. The SENIAT (tax authority) administers national taxes. Hyperinflation (2017โ2021) destroyed the bolรญvar and most formal taxation. Dollarization and new strong bolรญvar (VES) partially stabilized the system. Significant informal economy.
๐บ๐ธ United States โ State & Local Taxes
The U.S. has 50 states each setting their own income tax (0%โ13.3%). California tops at 13.3%, while Texas, Florida, and Nevada levy no state income tax. NYC adds its own income tax (up to 3.876%). Sales taxes vary from 0% (Oregon) to over 11% combined. Property taxes are primarily local. Some states like Washington have introduced capital gains levies.
Venezuela vs United States: Key Tax Differences (2026)
๐ฐ Income Tax: ๐บ๐ธ United States has a higher top income tax rate (6โ34% vs 10โ37%). ๐ป๐ช Venezuela is more favourable for high earners.
๐ VAT/Sales Tax: Venezuela has a higher consumption tax (16% vs 0โ11%).
๐ข Corporate Tax: ๐บ๐ธ United States offers a lower corporate rate (21% vs 34%), which can influence business location decisions.
๐ Capital Gains: ๐บ๐ธ United States taxes investment gains at a lower rate (20% vs 34%), benefiting investors.