TaxGlass

CL · Americas ↔ CO · Americas

Chile vs Colombia: tax rates compared

Chile's income tax rate is 1pp higher than Colombia's (40% vs 39%). The 37-country average is 43.2%: both sit 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%CL 40%CO 39%
Income Tax, side by side
CountryRateSource
Chile40%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+1 ppChile higher

Corporate Tax

0102030405060World avg 22.6%CL 27%CO 35%
Corporate Tax, side by side
CountryRateSource
Chile27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−8 ppColombia higherlargest gap on this page

Colombia's corporate tax rate is 8pp higher than Chile's (35% vs 27%). The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%CL 19%CO 19%
VAT, side by side
CountryRateSource
Chile19%Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Difference0 ppdisplayed rates match

Chile's VAT rate is identical to Colombia's — both sit at 19%. The 37-country average is 19.5%: both sit below it. Chile's figure is dated 2025-12-19 and Colombia's 2026-01-23, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%CL 0%CO 1.5%
Wealth Tax, side by side
CountryRateSource
Chile0%Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Difference−1.5 ppColombia higher

Colombia's wealth tax rate is 1.5pp higher than Chile's (1.5% vs 0%). The 193-country average is 0.1%: Chile sits below it, Colombia sits above it. Chile's figure is dated 2025-12-19 and Colombia's 2026-01-23, so the two rates come from different data vintages.

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