Venezuela » Taxes

Property Tax	PropertyTransfer Tax	Personal Income Tax	Corporate Income Tax	VAT

Property Tax

In Venezuela, property tax is 0.054%.

Property Transfer Tax

There is a 3% tax for transfer of ownership of vehicles, boats and aeroplanes (unless used for commercial transport or fumigation), heavy agricultural or construction machinery, and public transport.

Personal Income Tax

At 34%, the maximum personal tax rate in Venezuela is comparable to that of neighbouring countries. The National Integrated Tax Service (Servicio Nacional Integrado de Administracion TributariaSeniat) is the agency responsible for collecting taxes.

Corporate Income Tax

Venezuela's corporate income tax rate is 34%.

VAT

VAT in Venezuela is 14% - 15%.