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Chile vs Denmark
Tax Rate Comparison

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

πŸ‡¨πŸ‡± Chile
vs
πŸ‡©πŸ‡° Denmark
Tax Year:

πŸ’° Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–40%
Rates stable; Boric administration reforms settling
No change
~55.9%
Among world's highest; stable
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
19%
19% flat; no change
No change
25%
No change; EU digital VAT rules expanding
No change
Corporate Tax Rate
Corporate Tax Rate
27%
Large corp 27% stable; Pillar Two for MNCs
No change
22%
Stable; defence spending debate may affect future rates
No change
Capital Gains Tax
Capital Gains Tax
0–22%
No major reform expected
No change
27–42%
Progressive rates maintained
No change
Social Security & Payroll
Social Security / Payroll
~35%
Pension reform adding 6% employer contribution gradually
No change
~8%
Labour market contributions stable
No change
State, Regional & Local Taxes

πŸ‡¨πŸ‡± Chile β€” Municipal & Regional Taxes

Chile's 16 regions and 346 municipalities do not levy separate income taxes. Municipalities charge patente municipal (business licence fee) based on capital, typically 0.25%–0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raΓ­ces) is national in structure but rates vary 0.075%–1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.

πŸ‡©πŸ‡° Denmark β€” Municipal Income Tax

Denmark's 98 municipalities set local income tax (kommuneskat) at ~22.8%–27.8%. The national state tax adds 15% (top bracket). Combined rates including AM contribution (8% of gross) make Denmark one of the world's highest-tax nations at ~55–56% effective top. Church tax (~0.7%) applies to members. Property value tax is nationally set.

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

Chile vs Denmark: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡©πŸ‡° Denmark has a higher top income tax rate (0–40% vs ~55.9%). πŸ‡¨πŸ‡± Chile is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Denmark has a higher consumption tax (19% vs 25%).

🏒 Corporate Tax: πŸ‡©πŸ‡° Denmark offers a lower corporate rate (22% vs 27%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡¨πŸ‡± Chile taxes investment gains at a lower rate (22% vs 42%), benefiting investors.

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