Singapore 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.
๐ธ๐ฌ Singapore โ City-State โ No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0โ32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
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.
Singapore vs Chile: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ฑ Chile has a higher top income tax rate (0โ24% vs 0โ40%). ๐ธ๐ฌ Singapore is more favourable for high earners.
๐ VAT/Sales Tax: Chile has a higher consumption tax (9% vs 19%).
๐ข Corporate Tax: ๐ธ๐ฌ Singapore offers a lower corporate rate (17% vs 27%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ฌ Singapore taxes investment gains at a lower rate (0% vs 22%), benefiting investors.