CL · Americas ↔ IT · Europe

Chile vs Italy: tax rates compared

Italy's income tax rate is 7.2pp higher than Chile's (47.2% vs 40%). The 37-country average is 43.2%: Chile sits below it, Italy sits above 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%IT 47.2%
Income Tax, side by side
CountryRateSource
Chile40%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Italy47.2%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−7.2 ppItaly higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%CL 27%IT 27.8%
Corporate Tax, side by side
CountryRateSource
Chile27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.8 ppItaly higher

Italy's corporate tax rate is 0.8pp higher than Chile's (27.8% vs 27%). The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%CL 19%IT 22%
VAT, side by side
CountryRateSource
Chile19%Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Difference−3 ppItaly higher

Italy's VAT rate is 3pp higher than Chile's (22% vs 19%). The 37-country average is 19.5%: Chile sits below it, Italy sits above it. Chile's figure is dated 2025-12-19 and Italy's 2026-07-13, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%CL 0%IT 0%
Wealth Tax, side by side
CountryRateSource
Chile0%Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Difference0 ppdisplayed rates match

Chile's wealth tax rate is identical to Italy's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Chile's figure is dated 2025-12-19 and Italy's 2024-01-01, so the two rates come from different data vintages.

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