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Venezuela Flag

Venezuela #59

World Rank: # Population: 2
Regions (1)
Country Treasury
Gold
Total 50.00
Reserved 0.00
Available 50.00
VES
Total 6453.62
Reserved 0.00
Available 6453.62
Tax Rates
5.00%
VAT (Sales Tax)
Applied when companies sell goods to market
10.00%
Import Tax
Applied to foreign companies (bypassed with export license)
10.00%
Work Tax
Applied to worker wages from employment
Treasury Income & Expenditure
Financial Overview
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How Taxes Work
VAT (Sales Tax)

When companies sell products to the country market, 5.00% of the sale proceeds go to the treasury. This applies to all goods regardless of origin.

Import Tax

Foreign companies selling to this market pay an additional 10.00% import tax. Companies can purchase an export license (20 Gold) to bypass this tax.

Work Tax

Workers pay 10.00% tax on wages earned from employment. The tax is automatically deducted from wages and goes to the treasury.

Tax Revenue

All tax revenue flows directly to the country treasury and can be used by the government for country development, military expenses, and public services. Tax rates can be changed through laws proposed by the Minister of Finance and approved by Congress.

Active Wars

WAR
Serbia
Attacker
VS
Venezuela
Defender
Military Statistics
7
Total Battles
1
Victories
6
Defeats
14.3%
Win Rate
82,962
Total Damage
11,852
Avg Damage/Battle
Battle Breakdown
As Attacker
Battles 2
Won 1
Win Rate 50.0%
As Defender
Battles 5
Won 0
Win Rate 0.0%
Recent Battles
Victory
Guayana
vs Serbia
2 - 1 ATK
Jul 05
Defeat
Guayana
vs Serbia
1 - 2 ATK
Jun 27
Defeat
Caracas
vs Serbia
0 - 3 DEF
Apr 03
Defeat
Barquisimeto & Lara
vs Serbia
0 - 3 DEF
Apr 02
Defeat
Maracaibo & Zulia
vs Serbia
0 - 3 DEF
Apr 01

Country President

No current president

Congress (0)

No active congress

Government Cabinet

Minister of Foreign Affairs

Position vacant

Minister of Defence

Position vacant

Minister of Finance

Position vacant

Active Elections

View All Elections
Presidential Election View Details
Nominations Open
Until Aug 05, 07:00

Party presidents can nominate one candidate from their party.

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Congressional Election View Details
Applications Open
Until Aug 15, 07:00

Party members can apply to run. Applications must be approved by party president.

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Login to participate in revolutions.
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