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Chile vs Paraguay: tax rates compared
Chile's income tax rate is 30pp higher than Paraguay's (40% vs 10%). The 200-country average is 28%: Chile sits above it, Paraguay sits below it. Chile's figure is dated 2025-01-01 and Paraguay's 2026-02-07, 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 | PY | Difference |
|---|---|---|---|
| Income Tax | 40% | 10% | CL +30 pplargest gap |
| Corporate Tax | 27% | 10% | CL +17 pp |
| VAT | 19% | 10% | CL +9 pp |
| Capital Gains Tax | 10% | 8% | CL +2 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 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +30 pp | Chile higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +17 pp | Chile higher |
Chile's corporate tax rate is 17pp higher than Paraguay's (27% vs 10%). The 201-country average is 22.6%: Chile sits above it, Paraguay sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Chile | 19% | Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | +9 pp | Chile higher |
Chile's VAT rate is 9pp higher than Paraguay's (19% vs 10%). The 181-country average is 15%: Chile sits above it, Paraguay sits below it. Chile's figure is dated 2025-12-19 and Paraguay's 2026-02-07, 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 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +2 pp | Chile higher |
Chile's capital gains tax rate is 2pp higher than Paraguay's (10% vs 8%). The 175-country average is 10.3%: both sit below it. Chile's figure is dated 2022-02-04 and Paraguay's 2026-02-07, 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 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Chile's wealth tax rate is identical to Paraguay'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 Paraguay's 2026-02-07, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.