Chile vs Iceland
Corporate Tax Comparison
Time of Update: Chile: 4/05/2026 / Iceland: 4/04/2026
Compare Chile and Iceland corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Chile vs Iceland Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Chile
Iceland
General CIT Rate:
12.5/15/25/27 (regime-dependent)
General CIT Rate:
20 (for LLCs and limited partnerships); 37.6 (for other entities)
CIT Return Due Date:
April 30
CIT Return Due Date:
31 May
CIT Payment Due Date:
April 30
CIT Payment Due Date:
November 1st and December 1st
CIT Estimated Payment Due Date:
Last day of each month.
CIT Estimated Payment Due Date:
Except for January and October, prepayments should be made on the first day of each month.
Withholding Tax (WHT)
Chile
Iceland
Resident Withholding Tax (Dividend/Interest/Royalty):
N/A
Resident Withholding Tax (Dividend/Interest/Royalty):
22/22/0
None-Resident Withholding Tax (Dividend/Interest/Royalty):
35/4/30
None-Resident Withholding Tax (Dividend/Interest/Royalty):
21/13/22
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Chile
Iceland
General Capital Gain Tax Rate:
Capital gains are constrained by normal CIT interest rates.
General Capital Gain Tax Rate:
20 (for corporations, same as CIT rate for LLCs); 22 (for individuals)
Effective Tax Rate (ETR)
Chile
Iceland
Composite Effective Average Tax Rate:
23.44%
Composite Effective Average Tax Rate:
18.79%
Composite Effective Marginal Tax Rate:
4.51%
Composite Effective Marginal Tax Rate:
14.93%
