CL · AmericasNI · Americas
Chile vs Nicaragua: tax rates compared
Chile has an income tax rate of 40%, 10pp above Nicaragua's 30%. The 200-country average is 28%: both sit above it. Chile's figure is dated 2025-01-01 and Nicaragua's 2026-01-12, so the two rates come from different data vintages.
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 | CL | NI | Difference |
|---|---|---|---|
| Income Tax | 40% | 30% | CL +10 pplargest gap |
| Corporate Tax | 27% | 30% | NI +3 pp |
| VAT | 19% | 15% | CL +4 pp |
| Capital Gains Tax | 10% | 15% | NI +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 40% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Nicaragua | 30% | Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | +10 pp | Chile higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Nicaragua | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −3 pp | Nicaragua higher |
Nicaragua has a corporate tax rate of 30%, 3pp above Chile's 27%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Chile | 19% | Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19 |
| Nicaragua | 15% | Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +4 pp | Chile higher |
Chile has a VAT rate of 19%, 4pp above Nicaragua's 15%. The 181-country average is 15%: Chile sits above it, Nicaragua matches the world average. Chile's figure is dated 2025-12-19 and Nicaragua's 2026-01-12, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| 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 |
| Nicaragua | 15% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Nicaragua · as of 2025-10-01 |
| Difference | −5 pp | Nicaragua higher |
Nicaragua has a capital gains tax rate of 15%, 5pp above Chile's 10%. The 175-country average is 10.3%: Chile sits below it, Nicaragua sits above it. Chile's figure is dated 2022-02-04 and Nicaragua's 2025-10-01, 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 |
| Nicaragua | 0% | Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Chile and Nicaragua 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 Nicaragua's 2026-01-12, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.