Venezuela - Taxes on income
Taxes on income, profits and capital gains (current LCU)
The value for Taxes on income, profits and capital gains (current LCU) in Venezuela was 18,446,540,000 as of 2005. As the graph below shows, over the past 15 years this indicator reached a maximum value of 18,446,540,000 in 2005 and a minimum value of 344,944,000 in 1990.
Definition: 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.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1990 | 344,944,000 |
| 1991 | 453,085,000 |
| 1992 | 402,256,000 |
| 1993 | 486,207,000 |
| 1994 | 642,042,000 |
| 1995 | 843,374,000 |
| 1996 | 2,203,347,000 |
| 1997 | 3,971,733,000 |
| 1998 | 1,596,203,000 |
| 1999 | 2,311,337,000 |
| 2000 | 4,498,679,000 |
| 2001 | 3,792,039,000 |
| 2002 | 2,964,387,000 |
| 2003 | 4,325,446,000 |
| 2004 | 7,985,693,000 |
| 2005 | 18,446,540,000 |
Taxes on income, profits and capital gains (% of revenue)
Taxes on income, profits and capital gains (% of revenue) in Venezuela was 21.46 as of 2005. Its highest value over the past 15 years was 63.94 in 1990, while its lowest value was 12.03 in 2002.
Definition: 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.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1990 | 63.94 |
| 1991 | 63.04 |
| 1992 | 53.70 |
| 1993 | 51.39 |
| 1994 | 40.76 |
| 1995 | 37.61 |
| 1996 | 38.20 |
| 1997 | 38.78 |
| 1998 | 17.43 |
| 1999 | 20.54 |
| 2000 | 26.67 |
| 2001 | 19.62 |
| 2002 | 12.03 |
| 2003 | 13.41 |
| 2004 | 15.23 |
| 2005 | 21.46 |
Taxes on income, profits and capital gains (% of total taxes)
Taxes on income, profits and capital gains (% of total taxes) in Venezuela was 39.10 as of 2005. Its highest value over the past 15 years was 86.38 in 1990, while its lowest value was 25.10 in 2002.
Definition: 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.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1990 | 86.38 |
| 1991 | 84.39 |
| 1992 | 73.95 |
| 1993 | 68.49 |
| 1994 | 54.40 |
| 1995 | 49.28 |
| 1996 | 55.42 |
| 1997 | 54.20 |
| 1998 | 25.14 |
| 1999 | 28.87 |
| 2000 | 42.51 |
| 2001 | 36.14 |
| 2002 | 25.10 |
| 2003 | 27.94 |
| 2004 | 29.04 |
| 2005 | 39.10 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
