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Canada vs Chile: tax rates compared

Between the two, Canada's income tax rate (53.5%) tops Chile's (40%) by 13.5pp. The 37-country average is 43.2%: Canada sits above it, Chile sits below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%CA 53.5%CL 40%
Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Chile40%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+13.5 ppCanada higher

Corporate Tax

0102030405060World avg 22.6%CA 26%CL 27%
Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Chile27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−1 ppChile higher

Between the two, Chile's corporate tax rate (27%) tops Canada's (26%) by 1pp. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%CA 5%CL 19%
VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Chile19%Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19
Difference−14 ppChile higherlargest gap on this page

Between the two, Chile's VAT rate (19%) tops Canada's (5%) by 14pp. The 37-country average is 19.5%: both sit below it. Canada's figure is dated 2026-06-12 and Chile's 2025-12-19, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%CA 0%CL 0%
Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Chile0%Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19
Difference0 ppdisplayed rates match

There's no gap here — Canada and Chile both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Canada's figure is dated 2026-06-12 and Chile's 2025-12-19, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.