CL · AmericasPE · Americas

Chile vs Peru: tax rates compared

Chile's income tax rate is 10pp higher than Peru's (40% vs 30%). The 200-country average is 28%: both sit above it. Chile's figure is dated 2025-01-01 and Peru's 2026-07-13, 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

0102030405060Income30%40%Corporate27%29.5%VAT18%19%Capital Gains5%10%Wealth Tax0%
five shared taxes, side by side
Tax CL PEDifference
Income Tax40%30%CL +10 pplargest gap
Corporate Tax27%29.5%PE +2.5 pp
VAT19%18%CL +1 pp
Capital Gains Tax10%5%CL +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Chile40%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Peru30%Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13
Difference+10 ppChile higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Chile27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Peru29.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2.5 ppPeru higher

Peru's corporate tax rate is 2.5pp higher than Chile's (29.5% vs 27%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Chile19%Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19
Peru18%Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13
Difference+1 ppChile higher

Chile's VAT rate is 1pp higher than Peru's (19% vs 18%). The 181-country average is 15%: both sit above it. Chile's figure is dated 2025-12-19 and Peru's 2026-07-13, so the two rates come from different data vintages.

Capital Gains Tax

Chile's capital gains tax rate is 5pp higher than Peru's (10% vs 5%). The 175-country average is 10.3%: both sit below it. Chile's figure is dated 2022-02-04 and Peru's 2026-07-13, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Chile0%Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19
Peru0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01
Difference0 ppdisplayed rates match

Chile's wealth tax rate is identical to Peru's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.