Peru vs Canada
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΅πͺ 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%β1% 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.
π¨π¦ Canada β Provincial Income & Sales Taxes
Canada's 10 provinces each levy their own income tax (4%β25.75% top). Combined federal+provincial top rates exceed 50% in Quebec, Nova Scotia, and Ontario. Quebec has its own QPP and QST (9.975%). Alberta has no provincial sales tax. HST replaces GST+PST in Atlantic provinces and Ontario. Property taxes are municipal.
Peru vs Canada: Key Tax Differences (2026)
π° Income Tax: π¨π¦ Canada has a higher top income tax rate (8β30% vs 15β33%). π΅πͺ Peru is more favourable for high earners.
π VAT/Sales Tax: Peru has a higher consumption tax (18% vs 5β15%).
π’ Corporate Tax: π¨π¦ Canada offers a lower corporate rate (15% vs 29.5%), which can influence business location decisions.
π Capital Gains: π΅πͺ Peru taxes investment gains at a lower rate (5% vs 33.3%), benefiting investors.