Chile vs Turkey
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.
πΉπ· Turkey β Municipal & Special Provincial Taxes
Turkey's 81 provinces and 1,389 municipalities levy Real Estate Tax (Emlak Vergisi) at 0.1%β0.6% of assessed value (doubled in metro areas). Municipalities levy Environmental Cleansing Tax (Γ§evre temizlik vergisi) and Advertisement Tax. The Communication Tax and BSMV (banking and insurance transactions tax) are national. Municipalities receive shares of central tax revenues. High inflation has significantly eroded real tax burden but required frequent bracket adjustments.
Chile vs Turkey: Key Tax Differences (2026)
π° Income Tax: Chile and Turkey have similar top income tax rates (0β40% vs 15β40%).
π VAT/Sales Tax: Turkey has a higher consumption tax (19% vs 1β20%).
π’ Corporate Tax: πΉπ· Turkey offers a lower corporate rate (25% vs 27%), which can influence business location decisions.
π Capital Gains: π¨π± Chile taxes investment gains at a lower rate (22% vs 40%), benefiting investors.