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Finland vs Chile
Tax Rate Comparison

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

🇫🇮 Finland
vs
🇨🇱 Chile
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
~44–51.4%
Consolidation budget; high rates maintained
No change
0–40%
Rates stable; Boric administration reforms settling
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10–25.5%
25.5% standard (raised 2024) maintained
No change
19%
19% flat; no change
No change

Corporate Tax Rate

Corporate Tax Rate
20%
20% stable; R&D deduction enhanced
No change
27%
Large corp 27% stable; Pillar Two for MNCs
No change

Capital Gains Tax

Capital Gains Tax
30–34%
CGT rates unchanged
No change
0–22%
No major reform expected
No change

Social Security & Payroll

Social Security / Payroll
~36%
Austerity measures affecting some social contributions
No change
~35%
Pension reform adding 6% employer contribution gradually
No change
State, Regional & Local Taxes

🇫🇮 FinlandMunicipal 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%–2.2% 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.

🇨🇱 ChileMunicipal & 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.

⚠️ 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.

Finland vs Chile: Key Tax Differences (2026)

💰 Income Tax: 🇫🇮 Finland has a higher top income tax rate (~44–51.4% vs 0–40%). 🇨🇱 Chile is more favourable for high earners.

🛒 VAT/Sales Tax: Finland has a higher consumption tax (10–25.5% vs 19%).

🏢 Corporate Tax: 🇫🇮 Finland offers a lower corporate rate (20% vs 27%), which can influence business location decisions.

📈 Capital Gains: 🇨🇱 Chile taxes investment gains at a lower rate (22% vs 34%), benefiting investors.

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