WorldTax Compare← All Comparisons

Norway vs Chile
Tax Rate Comparison

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

🇳🇴 Norway
vs
🇨🇱 Chile
Tax Year:

💰 Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
22–47.4%
Income thresholds rising with wage growth
No change
0–40%
Rates stable; Boric administration reforms settling
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12–25%
Standard 25% maintained
No change
19%
19% flat; no change
No change

Corporate Tax Rate

Corporate Tax Rate
22%
Resource rent taxes stable; critical minerals review
No change
27%
Large corp 27% stable; Pillar Two for MNCs
No change

Capital Gains Tax

Capital Gains Tax
37.84%
High dividend tax fuels holding co. debate
No change
0–22%
No major reform expected
No change

Social Security & Payroll

Social Security / Payroll
~19.1%
Stable; labour market tight
No change
~35%
Pension reform adding 6% employer contribution gradually
No change
State, Regional & Local Taxes

🇳🇴 Norway — Municipal Taxes & Resource Rent

Norway's 15 counties and 356 municipalities set local income tax within a national band; max combined rate ~22%. Norway has unique resource rent taxes on petroleum (78%) and hydropower (67% from 2024). Wealth tax (formuesskatt) applies at 1%–1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.

🇨🇱 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.

⚠️ 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.

Norway vs Chile: Key Tax Differences (2026)

💰 Income Tax: 🇳🇴 Norway has a higher top income tax rate (22–47.4% vs 0–40%). 🇨🇱 Chile is more favourable for high earners.

🛒 VAT/Sales Tax: Norway has a higher consumption tax (12–25% vs 19%).

🏢 Corporate Tax: 🇳🇴 Norway 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 37.84%), benefiting investors.

Related Comparisons

🇳🇴 Norway vs 🇨🇦 CanadaTax comparison🇳🇴 Norway vs 🇩🇰 DenmarkTax comparison🇳🇴 Norway vs 🇫🇮 FinlandTax comparison🇳🇴 Norway vs 🇩🇪 GermanyTax comparison🇳🇴 Norway vs 🇮🇸 IcelandTax comparison🇳🇴 Norway vs 🇳🇱 NetherlandsTax comparison🇳🇴 Norway vs 🇸🇪 SwedenTax comparison🇳🇴 Norway vs 🇬🇧 United KingdomTax comparison🇳🇴 Norway vs 🇺🇸 United StatesTax comparison🇳🇴 Norway vs 🇦🇱 AlbaniaTax comparison🇳🇴 Norway vs 🇧🇾 BelarusTax comparison🇳🇴 Norway vs 🇧🇦 Bosnia and HerzegovinaTax comparison
All 🇳🇴 Norway comparisons →All 🇨🇱 Chile comparisons →