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Chile vs Turkmenistan
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡¨πŸ‡± Chile
vs
πŸ‡ΉπŸ‡² Turkmenistan
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–40%
Rates stable; Boric administration reforms settling
No change
10%
10% flat; gas revenues fund state expenditure
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
19%
19% flat; no change
No change
15%
15% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
27%
Large corp 27% stable; Pillar Two for MNCs
No change
8–20%
8%/20%; China gas pipeline dominant
No change
Capital Gains Tax
Capital Gains Tax
0–22%
No major reform expected
No change
10%
10% nominal
No change
Social Security & Payroll
Social Security / Payroll
~35%
Pension reform adding 6% employer contribution gradually
No change
~35%
State-funded social system; gas wealth subsidizes pensions
No change
State, Regional & Local Taxes

πŸ‡¨πŸ‡± 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%–0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raΓ­ces) is national in structure but rates vary 0.075%–1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.

πŸ‡ΉπŸ‡² Turkmenistan β€” Velayat & Etrap Administrations

Turkmenistan's 5 velayats (provinces) and Ashgabat city have highly centralized administration under an authoritarian state. Turkmenistan has among the world's largest natural gas reserves, exporting most to China. The economy is heavily state-controlled with limited private sector. Citizens historically received free gas, electricity, water, and subsidized food (subsidies now being reformed). International transparency is very limited, making reliable tax data difficult to obtain from this closed state.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Chile vs Turkmenistan: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¨πŸ‡± Chile has a higher top income tax rate (0–40% vs 10%). πŸ‡ΉπŸ‡² Turkmenistan is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Chile has a higher consumption tax (19% vs 15%).

🏒 Corporate Tax: πŸ‡ΉπŸ‡² Turkmenistan offers a lower corporate rate (20% vs 27%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡ΉπŸ‡² Turkmenistan taxes investment gains at a lower rate (10% vs 22%), benefiting investors.

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