Turkey 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.
๐น๐ท Turkey โ Municipal & Special Provincial Taxes
Turkey's 81 provinces and 1,389 municipalities levy Real Estate Tax (Emlak Vergisi) at 0.1%โ0.6% of assessed value (doubled in metro areas). Municipalities levy Environmental Cleansing Tax (รงevre temizlik vergisi) and Advertisement Tax. The Communication Tax and BSMV (banking and insurance transactions tax) are national. Municipalities receive shares of central tax revenues. High inflation has significantly eroded real tax burden but required frequent bracket adjustments.
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.
Turkey vs Chile: Key Tax Differences (2026)
๐ฐ Income Tax: Turkey and Chile have similar top income tax rates (15โ40% vs 0โ40%).
๐ VAT/Sales Tax: Turkey has a higher consumption tax (1โ20% vs 19%).
๐ข Corporate Tax: ๐น๐ท Turkey offers a lower corporate rate (25% vs 27%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ฑ Chile taxes investment gains at a lower rate (22% vs 40%), benefiting investors.