Denmark vs Chile
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฉ๐ฐ Denmark โ Municipal Income Tax
Denmark's 98 municipalities set local income tax (kommuneskat) at ~22.8%โ27.8%. The national state tax adds 15% (top bracket). Combined rates including AM contribution (8% of gross) make Denmark one of the world's highest-tax nations at ~55โ56% effective top. Church tax (~0.7%) applies to members. Property value tax is nationally set.
๐จ๐ฑ Chile โ 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%โ0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raรญces) is national in structure but rates vary 0.075%โ1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.
Denmark vs Chile: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฉ๐ฐ Denmark has a higher top income tax rate (~55.9% vs 0โ40%). ๐จ๐ฑ Chile is more favourable for high earners.
๐ VAT/Sales Tax: Denmark has a higher consumption tax (25% vs 19%).
๐ข Corporate Tax: ๐ฉ๐ฐ Denmark offers a lower corporate rate (22% vs 27%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ฑ Chile taxes investment gains at a lower rate (22% vs 42%), benefiting investors.