Chile vs Panama
Corporate Tax Comparison
Time of Update: Chile: 4/05/2026 / Panama: 4/04/2026
Compare Chile and Panama corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Chile vs Panama Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Chile
Panama
General CIT Rate:
12.5/15/25/27 (regime-dependent)
General CIT Rate:
25
CIT Return Due Date:
April 30
CIT Return Due Date:
Three months after the end of the fiscal year.
CIT Payment Due Date:
April 30
CIT Payment Due Date:
Tax payments must be made within three months after the end of the respective accounting period.
CIT Estimated Payment Due Date:
Last day of each month.
CIT Estimated Payment Due Date:
6 months, 9 months, and 12 months after the end of the tax year.
Withholding Tax (WHT)
Chile
Panama
Resident Withholding Tax (Dividend/Interest/Royalty):
N/A
Resident Withholding Tax (Dividend/Interest/Royalty):
5, 10 - 20/NA/NA
None-Resident Withholding Tax (Dividend/Interest/Royalty):
35/4/30
None-Resident Withholding Tax (Dividend/Interest/Royalty):
5, 10 - 20/12.5/12.5
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Chile
Panama
General Capital Gain Tax Rate:
Capital gains are constrained by normal CIT interest rates.
General Capital Gain Tax Rate:
Return on investment sees Panama Company tax summary.
Effective Tax Rate (ETR)
Chile
Panama
Composite Effective Average Tax Rate:
23.44%
Composite Effective Average Tax Rate:
23.33%
Composite Effective Marginal Tax Rate:
4.51%
Composite Effective Marginal Tax Rate:
18.47%
