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Chile vs Sri Lanka: tax rates compared

Between the two, Chile's income tax rate (40%) tops Sri Lanka's (36%) by 4pp. The 200-country average is 28%: both sit above it.

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

0102030405060Income36%40%Corporate27%30%VAT18%19%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax CL LKDifference
Income Tax40%36%CL +4 pp
Corporate Tax27%30%LK +3 pp
VAT19%18%CL +1 pp
Capital Gains Tax10%0%CL +10 pplargest gap
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
Sri Lanka36%Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28
Difference+4 ppChile higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Chile27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sri Lanka30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppSri Lanka higher

Between the two, Sri Lanka's corporate tax rate (30%) tops Chile's (27%) by 3pp. 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
Sri Lanka18%Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01
Difference+1 ppChile higher

Between the two, Chile's VAT rate (19%) tops Sri Lanka's (18%) by 1pp. The 181-country average is 15%: both sit above it. Chile's figure is dated 2025-12-19 and Sri Lanka's 2024-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Chile10%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
Sri Lanka0%Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19
Difference+10 ppChile higher

Between the two, Chile's capital gains tax rate (10%) tops Sri Lanka's (0%) by 10pp. The 175-country average is 10.3%: both sit below it. Chile's figure is dated 2022-02-04 and Sri Lanka's 2025-11-19, 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
Sri Lanka0%Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Chile and Sri Lanka 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 Sri Lanka's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.