Venezuela vs Switzerland
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.
๐จ๐ญ Switzerland โ Cantonal & Communal Taxes
Switzerland's 26 cantons and ~2,200 communes independently set income and corporate tax rates. Zug (~12% combined top) and Nidwalden are among the lowest globally; Geneva and Vaud reach ~45% combined. Wealth tax is levied by cantons. Pillar Two supplementary tax is active for large MNCs. Inheritance and gift taxes are cantonal.
Venezuela vs Switzerland: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ป๐ช Venezuela has a higher top income tax rate (6โ34% vs 0โ11.5%). ๐จ๐ญ Switzerland is more favourable for high earners.
๐ VAT/Sales Tax: Venezuela has a higher consumption tax (16% vs 2.6โ8.1%).
๐ข Corporate Tax: ๐จ๐ญ Switzerland offers a lower corporate rate (26% vs 34%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ญ Switzerland taxes investment gains at a lower rate (0% vs 34%), benefiting investors.