Chile vs Norway
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¨π± Chile β Municipal & Regional Taxes
Chile's 16 regions and 346 municipalities do not levy separate income taxes. Municipalities charge patente municipal (business licence fee) based on capital, typically 0.25%β0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raΓces) is national in structure but rates vary 0.075%β1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.
π³π΄ Norway β Municipal Taxes & Resource Rent
Norway's 15 counties and 356 municipalities set local income tax within a national band; max combined rate ~22%. Norway has unique resource rent taxes on petroleum (78%) and hydropower (67% from 2024). Wealth tax (formuesskatt) applies at 1%β1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.
Chile vs Norway: Key Tax Differences (2026)
π° Income Tax: π³π΄ Norway has a higher top income tax rate (0β40% vs 22β47.4%). π¨π± Chile is more favourable for high earners.
π VAT/Sales Tax: Norway has a higher consumption tax (19% vs 12β25%).
π’ Corporate Tax: π³π΄ Norway offers a lower corporate rate (22% vs 27%), which can influence business location decisions.
π Capital Gains: π¨π± Chile taxes investment gains at a lower rate (22% vs 37.84%), benefiting investors.