WorldTax Compareโ† All Comparisons

Canada vs Peru
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡จ๐Ÿ‡ฆ Canada
vs
๐Ÿ‡ต๐Ÿ‡ช Peru
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
15โ€“33%
Federal brackets; new govt may revisit top rates
No change
8โ€“30%
Rates stable; tax formalization drive
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5โ€“15%
GST/HST normalized after holiday period
No change
18%
18% stable; digital services included
No change
Corporate Tax Rate
Corporate Tax Rate
15%
15% federal; Global Minimum Tax active
No change
29.5%
29.5%; Pillar Two framework in development
No change
Capital Gains Tax
Capital Gains Tax
~33.3%
2/3 inclusion rate maintained
No change
5%
5% dividend rate maintained
No change
Social Security & Payroll
Social Security / Payroll
~12.3%
CPP contribution rates stabilizing
No change
~32%
Mixed pension system; ONP and AFP reform progressing
No change
State, Regional & Local Taxes

๐Ÿ‡จ๐Ÿ‡ฆ Canada โ€” Provincial Income & Sales Taxes

Canada's 10 provinces each levy their own income tax (4%โ€“25.75% top). Combined federal+provincial top rates exceed 50% in Quebec, Nova Scotia, and Ontario. Quebec has its own QPP and QST (9.975%). Alberta has no provincial sales tax. HST replaces GST+PST in Atlantic provinces and Ontario. Property taxes are municipal.

๐Ÿ‡ต๐Ÿ‡ช Peru โ€” Municipal Taxes & Regional Licenses

Peru's 25 regions and 1,874 municipalities have limited tax powers. Municipalities levy Impuesto Predial (property tax at 0.2%โ€“1% of self-assessed value), vehicle tax (Impuesto al Patrimonio Vehicular), and business licences. Alcabala (property transfer tax) is municipal at 3% of value above 10 UIT. The national tax authority (SUNAT) administers income and VAT taxes. Peru has a flat corporate rate and progressive personal income tax system.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Canada vs Peru: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡จ๐Ÿ‡ฆ Canada has a higher top income tax rate (15โ€“33% vs 8โ€“30%). ๐Ÿ‡ต๐Ÿ‡ช Peru is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Peru has a higher consumption tax (5โ€“15% vs 18%).

๐Ÿข Corporate Tax: ๐Ÿ‡จ๐Ÿ‡ฆ Canada offers a lower corporate rate (15% vs 29.5%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ต๐Ÿ‡ช Peru taxes investment gains at a lower rate (5% vs 33.3%), benefiting investors.

Related Comparisons

๐Ÿ‡ฆ๐Ÿ‡ท Argentina vs ๐Ÿ‡จ๐Ÿ‡ฆ CanadaTax comparison๐Ÿ‡ฆ๐Ÿ‡ท Argentina vs ๐Ÿ‡ต๐Ÿ‡ช PeruTax comparison๐Ÿ‡ฆ๐Ÿ‡บ Australia vs ๐Ÿ‡จ๐Ÿ‡ฆ CanadaTax comparison๐Ÿ‡ฆ๐Ÿ‡น Austria vs ๐Ÿ‡จ๐Ÿ‡ฆ CanadaTax comparison๐Ÿ‡ง๐Ÿ‡ช Belgium vs ๐Ÿ‡จ๐Ÿ‡ฆ CanadaTax comparison๐Ÿ‡ง๐Ÿ‡ด Bolivia vs ๐Ÿ‡ต๐Ÿ‡ช PeruTax comparison๐Ÿ‡ง๐Ÿ‡ท Brazil vs ๐Ÿ‡จ๐Ÿ‡ฆ CanadaTax comparison๐Ÿ‡ง๐Ÿ‡ท Brazil vs ๐Ÿ‡ต๐Ÿ‡ช PeruTax comparison๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria vs ๐Ÿ‡จ๐Ÿ‡ฆ CanadaTax comparison๐Ÿ‡จ๐Ÿ‡ฆ Canada vs ๐Ÿ‡จ๐Ÿ‡ณ ChinaTax comparison๐Ÿ‡จ๐Ÿ‡ฆ Canada vs ๐Ÿ‡ญ๐Ÿ‡ท CroatiaTax comparison๐Ÿ‡จ๐Ÿ‡ฆ Canada vs ๐Ÿ‡จ๐Ÿ‡พ CyprusTax comparison