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Economy > Government > Revenue > Tax Stats: compare key data on Argentina & Venezuela

Definitions

STAT Argentina Venezuela
Maximum tax rate for individuals 9%
Ranked 16th. 50% more than Venezuela
6%
Ranked 12th.
Sales tax, VAT or GST 21%
Ranked 5th. 75% more than Venezuela
12%
Ranked 48th.
Tax burden, % of GDP 34.6
Ranked 25th. 3 times more than Venezuela
12.5
Ranked 143th.
Taxes foreign income of nonresident citizens no no
Taxes foreign income of resident foreigners yes yes
Taxes local income of nonresident individuals yes yes
Taxes local income of resident citizens yes yes
Taxes local income of resident foreigners yes yes

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