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Chile vs Singapore: tax rates compared
Between the two, Chile's income tax rate (40%) tops Singapore's (24%) by 16pp. The 200-country average is 28%: Chile sits above it, Singapore sits below it. Chile's figure is dated 2025-01-01 and Singapore's 2026-04-27, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CL | SG | Difference |
|---|---|---|---|
| Income Tax | 40% | 24% | CL +16 pp |
| Corporate Tax | 27% | 17% | CL +10 pp |
| VAT | 19% | 9% | CL +10 pp |
| Capital Gains Tax | 10% | 0% | CL +10 pp |
| Crypto Tax | 40% | 0% | CL +40 pplargest gap |
| 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 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +16 pp | Chile higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Chile higher |
Between the two, Chile's corporate tax rate (27%) tops Singapore's (17%) by 10pp. The 201-country average is 22.6%: Chile sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Chile | 19% | Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +10 pp | Chile higher |
Between the two, Chile's VAT rate (19%) tops Singapore's (9%) by 10pp. The 181-country average is 15%: Chile sits above it, Singapore sits below it. Chile's figure is dated 2025-12-19 and Singapore's 2026-07-02, 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 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | +10 pp | Chile higher |
Between the two, Chile's capital gains tax rate (10%) tops Singapore's (0%) by 10pp. The 175-country average is 10.3%: both sit below it. Chile's figure is dated 2022-02-04 and Singapore's 2026-07-02, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 40% | Source: Servicio de Impuestos Internos (SII) — Preguntas Frecuentes: Criptomonedas (001.250.7872) · as of 2025-10-24 |
| Singapore | 0% | Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30 |
| Difference | +40 pp | Chile higher |
Between the two, Chile's crypto tax rate (40%) tops Singapore's (0%) by 40pp. The 88-country average is 13%: Chile sits above it, Singapore sits below it. Chile's figure is dated 2025-10-24 and Singapore's 2026-01-30, 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 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Chile and Singapore both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Chile's figure is dated 2025-12-19 and Singapore's 2026-07-02, so the two rates come from different data vintages.