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Economy > Tax > Taxes on income Stats: compare key data on United States & Venezuela

Definitions

  • Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
STAT United States Venezuela HISTORY
Profits and capital gains > % of revenue 55.26%
Ranked 2nd. 3 times more than Venezuela
21.46%
Ranked 28th.

Profits and capital gains > % of total taxes 90.93%
Ranked 1st. 2 times more than Venezuela
39.1%
Ranked 25th.

Profits and capital gains > Current LCU 1.09 trillion
Ranked 1st. 59 times more than Venezuela
18.45 billion
Ranked 53th.

Profits and capital gains including income tax > % of revenue 47.97%
Ranked 1st. 2 times more than Venezuela
21.46%
Ranked 40th.

Profits and capital gains including income tax > % of total taxes 90.15%
Ranked 1st. 2 times more than Venezuela
39.1%
Ranked 34th.

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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