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Singapore vs Chile
Tax Rate Comparison

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

🇸🇬 Singapore
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
0–24%
Stable; top bracket review under consideration
No change
0–40%
Rates stable; Boric administration reforms settling
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
9%
No further GST increases planned
No change
19%
19% flat; no change
No change

Corporate Tax Rate

Corporate Tax Rate
17%
Global Minimum Tax compliance ongoing
No change
27%
Large corp 27% stable; Pillar Two for MNCs
No change

Capital Gains Tax

Capital Gains Tax
0%
No capital gains tax
No change
0–22%
No major reform expected
No change

Social Security & Payroll

Social Security / Payroll
37%
CPF adequacy review; contribution rates stable
No change
~35%
Pension reform adding 6% employer contribution gradually
No change
State, Regional & Local Taxes

🇸🇬 SingaporeCity-State — 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 (0–32% 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.

🇨🇱 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.

Singapore vs Chile: Key Tax Differences (2026)

💰 Income Tax: 🇨🇱 Chile has a higher top income tax rate (0–24% vs 0–40%). 🇸🇬 Singapore is more favourable for high earners.

🛒 VAT/Sales Tax: Chile has a higher consumption tax (9% vs 19%).

🏢 Corporate Tax: 🇸🇬 Singapore offers a lower corporate rate (17% vs 27%), which can influence business location decisions.

📈 Capital Gains: 🇸🇬 Singapore taxes investment gains at a lower rate (0% vs 22%), benefiting investors.

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