Guyana vs Chile
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐พ Guyana โ Regional & Municipal Taxes
Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.
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.
Guyana vs Chile: Key Tax Differences (2026)
๐ฐ Income Tax: Guyana and Chile have similar top income tax rates (28โ40% vs 0โ40%).
๐ VAT/Sales Tax: Chile has a higher consumption tax (14% vs 19%).
๐ข Corporate Tax: ๐จ๐ฑ Chile offers a lower corporate rate (27% vs 40%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐พ Guyana taxes investment gains at a lower rate (20% vs 22%), benefiting investors.