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Chile vs Uruguay: tax rates compared

Chile's income tax rate is 4pp higher than Uruguay's (40% vs 36%). 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%Corporate25%27%VAT19%22%Capital Gains10%12%Wealth Tax0%0.1%
five shared taxes, side by side
Tax CL UYDifference
Income Tax40%36%CL +4 pplargest gap
Corporate Tax27%25%CL +2 pp
VAT19%22%UY +3 pp
Capital Gains Tax10%12%UY +2 pp
Wealth Tax0%0.1%UY +0.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Chile40%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
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
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppChile higher

Chile's corporate tax rate is 2pp higher than Uruguay's (27% vs 25%). 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
Uruguay22%Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18
Difference−3 ppUruguay higher

Uruguay's VAT rate is 3pp higher than Chile's (22% vs 19%). The 181-country average is 15%: both sit above it. Chile's figure is dated 2025-12-19 and Uruguay's 2024-06-18, 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
Uruguay12%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09
Difference−2 ppUruguay higher

Uruguay's capital gains tax rate is 2pp higher than Chile's (12% vs 10%). The 175-country average is 10.3%: Chile sits below it, Uruguay sits above it. Chile's figure is dated 2022-02-04 and Uruguay's 2026-03-09, 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
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higher

Uruguay's wealth tax rate is 0.1pp higher than Chile's (0.1% vs 0%). The 193-country average is 0.1%: Chile sits below it, Uruguay matches the world average.

Not covered for both countries yet: Crypto Tax.