Chile vs Finland
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐จ๐ฑ Chile โ 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%โ0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raรญces) is national in structure but rates vary 0.075%โ1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.
๐ซ๐ฎ Finland โ Municipal Income Tax
Finland's 309 municipalities set their own income tax rates (municipal tax) ranging from ~16.5% to ~22.5%, averaging ~20%. This is added to the national progressive income tax. The church tax of 1%โ2.2% applies to members. No regional income tax. The 'solidarity tax' on high earners (2%) applies nationally. Municipalities also levy real estate tax on property owners. The welfare state is heavily funded by these high combined tax rates.
Chile vs Finland: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ซ๐ฎ Finland has a higher top income tax rate (0โ40% vs ~44โ51.4%). ๐จ๐ฑ Chile is more favourable for high earners.
๐ VAT/Sales Tax: Finland has a higher consumption tax (19% vs 10โ25.5%).
๐ข Corporate Tax: ๐ซ๐ฎ Finland offers a lower corporate rate (20% vs 27%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ฑ Chile taxes investment gains at a lower rate (22% vs 34%), benefiting investors.