https://blog.novatax.cl/en/tags/international-comparison/Recent content in International comparison on NovaTax BlogHugoen-usThu, 17 Sep 2026 00:00:00 +0000https://blog.novatax.cl/en/lecciones-internacionales/Thu, 17 Sep 2026 00:00:00 +0000https://blog.novatax.cl/en/lecciones-internacionales/<p>More than 40 countries offer R&amp;D tax incentives. A University of Chile study (Weber, 2022) compares Chile&rsquo;s design with those of <strong>Australia, Canada and Ireland</strong>: the first two because, like Chile, they have large mining sectors, and the third because of a similar growth path. All three invest considerably more in R&amp;D than Chile.</p> <table> <thead> <tr> <th>Country</th> <th>R&amp;D investment as % of GDP (2019)</th> </tr> </thead> <tbody> <tr> <td>Australia</td> <td>1.8%</td> </tr> <tr> <td>Canada</td> <td>1.7%</td> </tr> <tr> <td>Ireland</td> <td>1.2%</td> </tr> <tr> <td><strong>Chile</strong></td> <td><strong>0.3%</strong></td> </tr> <tr> <td>OECD average</td> <td>2.4%</td> </tr> </tbody> </table> <h2 id="1-higher-rates-for-smes">1. Higher rates for SMEs</h2> <p>Chile applies the same rate (35%) to every company. Other countries reward smaller ones more:</p>