United States vs Venezuela
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΊπΈ United States β State & Local Taxes
The U.S. has 50 states each setting their own income tax (0%β13.3%). 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.
π»πͺ Venezuela β Municipal & State Taxes
Venezuela's 23 states and Caracas Capital District have constitutionally defined taxing powers. States levy taxes on minerals, hydrocarbons (petrΓ³leo royalties), and salinas. Municipalities levy the Impuesto sobre Actividades EconΓ³micas (IAE) β a gross receipts tax β at 0.5%β10% on businesses, varying dramatically by municipality. The SENIAT (tax authority) administers national taxes. Hyperinflation (2017β2021) destroyed the bolΓvar and most formal taxation. Dollarization and new strong bolΓvar (VES) partially stabilized the system. Significant informal economy.
United States vs Venezuela: Key Tax Differences (2026)
π° Income Tax: πΊπΈ United States has a higher top income tax rate (10β37% vs 6β34%). π»πͺ Venezuela is more favourable for high earners.
π VAT/Sales Tax: Venezuela has a higher consumption tax (0β11% vs 16%).
π’ Corporate Tax: πΊπΈ United States offers a lower corporate rate (21% vs 34%), which can influence business location decisions.
π Capital Gains: πΊπΈ United States taxes investment gains at a lower rate (20% vs 34%), benefiting investors.