The Personal Income Tax Rate in Chile stands at 35 percent. source: Chilean Tax Administration

Personal Income Tax Rate in Chile averaged 38.89 percent from 2003 until 2020, reaching an all time high of 40 percent in 2004 and a record low of 35 percent in 2017. This page provides - Chile Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Personal Income Tax Rate - values, historical data and charts - was last updated on November of 2020.

Personal Income Tax Rate in Chile is expected to reach 35.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Personal Income Tax Rate is projected to trend around 35.00 percent in 2021, according to our econometric models.

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Chile Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
35.00 35.00 40.00 35.00 2003 - 2020 percent Yearly

Chile Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 27.00 27.00 27.00 15.00 percent [+]
Personal Income Tax Rate 35.00 35.00 40.00 35.00 percent [+]
Sales Tax Rate 19.00 19.00 19.00 19.00 percent [+]
Social Security Rate 24.60 24.60 24.60 7.00 percent [+]
Social Security Rate For Companies 7.00 7.00 7.00 7.00 percent [+]
Social Security Rate For Employees 17.60 17.60 17.60 7.00 percent [+]


Chile Personal Income Tax Rate
In Chile, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Chile.