Denmark vs Chile
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇩🇰 Denmark — 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.
🇨🇱 Chile — 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 raíces) 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.
Denmark vs Chile: Key Tax Differences (2026)
💰 Income Tax: 🇩🇰 Denmark has a higher top income tax rate (~55.9% vs 0–40%). 🇨🇱 Chile is more favourable for high earners.
🛒 VAT/Sales Tax: Denmark has a higher consumption tax (25% vs 19%).
🏢 Corporate Tax: 🇩🇰 Denmark offers a lower corporate rate (22% vs 27%), which can influence business location decisions.
📈 Capital Gains: 🇨🇱 Chile taxes investment gains at a lower rate (22% vs 42%), benefiting investors.