Peru vs San Marino
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΅πͺ Peru β Municipal Taxes & Regional Licenses
Peru's 25 regions and 1,874 municipalities have limited tax powers. Municipalities levy Impuesto Predial (property tax at 0.2%β1% of self-assessed value), vehicle tax (Impuesto al Patrimonio Vehicular), and business licences. Alcabala (property transfer tax) is municipal at 3% of value above 10 UIT. The national tax authority (SUNAT) administers income and VAT taxes. Peru has a flat corporate rate and progressive personal income tax system.
πΈπ² San Marino β Municipal Taxes (Castelli)
San Marino's 9 castelli (municipalities) levy local property tax supplements and communal fees. San Marino is an enclave within Italy using the euro but maintaining fiscal sovereignty under a Convention with the EU. The income tax (IRPEF) uses a progressive scale. San Marino aims to be a competitive financial jurisdiction while maintaining EU market access β with corporate tax notably lower than neighbouring Italy.
Peru vs San Marino: Key Tax Differences (2026)
π° Income Tax: πΈπ² San Marino has a higher top income tax rate (8β30% vs 9β35%). π΅πͺ Peru is more favourable for high earners.
π VAT/Sales Tax: Peru has a higher consumption tax (18% vs 17%).
π’ Corporate Tax: πΈπ² San Marino offers a lower corporate rate (17% vs 29.5%), which can influence business location decisions.
π Capital Gains: π΅πͺ Peru taxes investment gains at a lower rate (5% vs 17%), benefiting investors.