BZ · AmericasCL · Americas
Belize vs Chile: tax rates compared
Chile's income tax rate is 15pp higher than Belize's (40% vs 25%). The 200-country average is 28%: Belize sits below it, Chile sits above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BZ | CL | Difference |
|---|---|---|---|
| Income Tax | 25% | 40% | CL +15 pp |
| Corporate Tax | 0% | 27% | CL +27 pplargest gap |
| VAT | 12.5% | 19% | CL +6.5 pp |
| Capital Gains Tax | 0% | 10% | CL +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 25% | Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01 |
| Chile | 40% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −15 pp | Chile higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Chile | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −27 pp | Chile higher |
Chile's corporate tax rate is 27pp higher than Belize's (27% vs 0%). The 201-country average is 22.6%: Belize sits below it, Chile sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belize | 12.5% | Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31 |
| Chile | 19% | Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19 |
| Difference | −6.5 pp | Chile higher |
Chile's VAT rate is 6.5pp higher than Belize's (19% vs 12.5%). The 181-country average is 15%: Belize sits below it, Chile sits above it. Belize's figure is dated 2011-12-31 and Chile's 2025-12-19, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31 |
| Chile | 10% | Source: Chile Ministry of Finance — Ley sobre Impuesto a la Renta (Decreto Ley 824), Article 107, consolidated text via Biblioteca del Congreso Nacional (LeyChile) · as of 2022-02-04 |
| Difference | −10 pp | Chile higher |
Chile's capital gains tax rate is 10pp higher than Belize's (10% vs 0%). The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Chile's 2022-02-04, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18 |
| Chile | 0% | Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19 |
| Difference | 0 pp | displayed rates match |
Belize's wealth tax rate is identical to Chile's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Belize's figure is dated 2026-07-18 and Chile's 2025-12-19, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.