How does Chile's two-level income tax work?

Second category tax is withheld by employers on a monthly basis. The annual Global Complementary Tax reconciles total income. Effective rates integrate all income sources for a final calculation.

What is Chile's top income tax rate?

The maximum rate is 40% on monthly taxable income exceeding 310 UTM (Unidad Tributaria Mensual). The UTM is updated monthly by the SII.

Chilean Income Tax Calculator (Impuesto Global Complementario)

Calculate Chilean Global Complementary Tax (IGC) using SII progressive brackets (0–40%). Covers second category tax (retained at source), mandatory pension (AFP 10%), and health deductions (Fonasa/Isapre).

Principal ($)

Annual Rate (%)

Years

Compounding / Year

$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How It Works

Each component has a specific meaning:

SII progressive brackets — The sii progressive brackets recorded for the scenario being assessed.

Note: Interpret the chile income tax result against the thresholds and context described above.

How to Use

Enter the SII progressive brackets for the scenario you are assessing. Calculate Chilean Global Complementary Tax (IGC) using SII progressive brackets (0–40%). Covers second category tax (retained at source), mandatory pension (AFP 10%), and health deductions (Fonasa/Isapre). Use the chile income tax result to inform your calculation.

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