Chile’s SII has issued Resolution No. 194, setting 2026 luxury tax rates at 2% for high-value helicopters, aircraft, yachts, and luxury cars, with detailed valuation methods to ensure transparency and reduce exemptions.
Chile’s Internal Revenue Service (SII) has issued Resolution No. 194, detailing the assets and market values for the 2026 luxury tax. The 2% annual tax applies to high-value items owned by individuals or companies in Chile.
| Asset Type | Tax Rate | Notes on Valuation |
| Helicopters | 2% | Valued using international databases and market trends |
| Aircraft | 2% | Fair market value based on new/used status and aviation authority data |
| Yachts | 2% | Maritime authority data and commercial invoices used for valuation |
| Luxury automobiles | 2% | New and used cars differentiated; market trends considered |
The resolution clarifies valuation methods, aiming for transparency and enforcing reforms that reduce exemptions while increasing revenue from high-value private assets.
