Chile vs Singapore
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¨π± 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%β0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raΓces) is national in structure but rates vary 0.075%β1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.
πΈπ¬ Singapore β City-State β No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0β32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
Chile vs Singapore: Key Tax Differences (2026)
π° Income Tax: π¨π± Chile has a higher top income tax rate (0β40% vs 0β24%). πΈπ¬ Singapore is more favourable for high earners.
π VAT/Sales Tax: Chile has a higher consumption tax (19% vs 9%).
π’ Corporate Tax: πΈπ¬ Singapore offers a lower corporate rate (17% vs 27%), which can influence business location decisions.
π Capital Gains: πΈπ¬ Singapore taxes investment gains at a lower rate (0% vs 22%), benefiting investors.