Individual income tax in South America

31.89 % in 2021

Though South America individual income tax fluctuated substantially in recent years, it tended to increase through 2007 - 2021 period ending at 31.89 % in 2021.

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World Individual income tax in South America
Chile 40 % in 2021 KPMG
Colombia 39 % in 2021 KPMG
Suriname 38 % in 2021 KPMG
Uruguay 36 % in 2021 KPMG
Argentina 35 % in 2021 KPMG
Ecuador 35 % in 2021 KPMG
Peru 30 % in 2021 KPMG
Brazil 27.5 % in 2021 KPMG
Bolivia 13 % in 2021 KPMG
Tax rates in South America
Corporate Tax 27.18 % in 2021 KPMG
Indirect Tax Rate 13.59 % in 2021 KPMG