CL · Americas ↔ LV · Europe
Chile vs Latvia: tax rates compared
Chile has a corporate tax rate of 27%, 7pp above Latvia's 20%. The 201-country average is 22.6%: Chile sits above it, Latvia sits below it.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7 pp | Chile higherlargest gap on this page |
VAT
| Country | Rate | Source |
|---|---|---|
| Chile | 19% | Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −2 pp | Latvia higher |
Latvia has a VAT rate of 21%, 2pp above Chile's 19%. The 37-country average is 19.5%: Chile sits below it, Latvia sits above it. Chile's figure is dated 2025-12-19 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 0% | Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19 |
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
Chile and Latvia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Chile's figure is dated 2025-12-19 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Not covered for both countries yet: Income Tax, Capital Gains Tax, Crypto Tax.