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Peru vs Belgium
Tax Rate Comparison

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

πŸ‡΅πŸ‡ͺ Peru
vs
πŸ‡§πŸ‡ͺ Belgium
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
8–30%
Rates stable; tax formalization drive
No change
25–45%
Arizona reform reducing top rate; lower brackets widened
β–Ό -5.0pp vs 2025
VAT / GST / Sales Tax
VAT / GST / Sales Tax
18%
18% stable; digital services included
No change
6–21%
Some reduced rates restructured under reform
No change
Corporate Tax Rate
Corporate Tax Rate
29.5%
29.5%; Pillar Two framework in development
No change
25%
25% maintained; IP box regime continues
No change
Capital Gains Tax
Capital Gains Tax
5%
5% dividend rate maintained
No change
10–33%
New flat 10% CGT on financial assets in reform
No change
Social Security & Payroll
Social Security / Payroll
~32%
Mixed pension system; ONP and AFP reform progressing
No change
~46%
Reform targets reducing employer contributions over time
β–Ό -2.0pp vs 2025
State, Regional & Local Taxes

πŸ‡΅πŸ‡ͺ Peru β€” Municipal Taxes & Regional Licenses

Peru's 25 regions and 1,874 municipalities have limited tax powers. Municipalities levy Impuesto Predial (property tax at 0.2%–1% of self-assessed value), vehicle tax (Impuesto al Patrimonio Vehicular), and business licences. Alcabala (property transfer tax) is municipal at 3% of value above 10 UIT. The national tax authority (SUNAT) administers income and VAT taxes. Peru has a flat corporate rate and progressive personal income tax system.

πŸ‡§πŸ‡ͺ Belgium β€” Regional & Municipal Income Taxes

Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (prΓ©compte immobilier) rates and housing policy incentives. The withholding tax on investment income (prΓ©compte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level β€” it's regional.

⚠️ 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.

Peru vs Belgium: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡§πŸ‡ͺ Belgium has a higher top income tax rate (8–30% vs 25–45%). πŸ‡΅πŸ‡ͺ Peru is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Belgium has a higher consumption tax (18% vs 6–21%).

🏒 Corporate Tax: πŸ‡§πŸ‡ͺ Belgium offers a lower corporate rate (25% vs 29.5%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡΅πŸ‡ͺ Peru taxes investment gains at a lower rate (5% vs 33%), benefiting investors.

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