Chile: SII issues guidance on deductibility of payments to shareholder-employees
Chile’s tax authority (SII) recently published Ruling No. 146-2026 of 21 January 2026, clarifying the tax treatment of various expenses incurred in relation to shareholder-employees who receive remuneration from their companies. The Ruling
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Chile: SII introduces VAT withholding system for non-resident sellers, digital platforms
Chile’s tax administration (SII) has published Resolution Ex. SII No. 05-2026 of 14 January 2026 on its website, outlining the tax administration’s VAT withholding system for non-resident sellers and digital platforms that have not registered
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Chile: SII updates 2026 tax brackets, inflation adjustments
Chile’s tax authority (SII) has updated the annual global complementary tax brackets for the 2026 tax year. These adjustments are based on the December 2025 annual tax unit (UTA) value of CLP 834,504. These changes are formalised under Circular
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Chile: SII grants relief for taxpayers affected by Ñuble, Biobío wildfires
The Chilean Tax Administration (Servicio de Impuestos Internos, SII) has announced an automatic remission of interest and fines for taxpayers impacted by the recent wildfires in the Ñuble and Biobío regions. The relief applies to late filings
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Chile: SII publishes 2026 luxury tax list
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
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Chile: SII announces daily interest on overdue taxes for January – June 2026
Chile’s Internal Revenue Service (SII) issued Resolution No. 205 on 30 December 2025, setting the daily interest rate for late tax payments for the first half of 2026 (January - June 2026). Under Law No. 21.713, the late payment penalty changed
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Chile: SII revises lists of large taxpayers
Chile’s tax authority (SII) published Resolution Ex. SII No. 208-2025 of 30 December 2025 on its website and entered into effect on 1 January 2026. The Resolution updates the large taxpayer list, including taxpayers no longer classified as such
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Chile: SII launches simplified registry for subsistence taxpayers
Chile’s tax authority (SII) has issued Resolution Ex. SII No. 193-2025 of 22 December 2025, which introduces the “Registry of Small Taxpayers Developing Subsistence Activities.” This initiative aimed to simplify tax obligations for
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Chile: SII clarifies income tax treatment, VAT on services by foreign companies
Chile’s tax authority (SII) has issued Letter Ruling No. 2627 of 18 December 2025, clarifying the VAT and income tax treatment of services supplied by a foreign entity in Chile. SII has clarified the Value Added Tax (VAT) treatment for services
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Chile: SII enlists foreign digital service providers subject to VAT withholding for 2026
Chile’s tax authority (SII) has issued Resolution No. 181 of 15 December 2025, which formalises the list of foreign digital service providers (DSPs) subject to value added tax (VAT) withholding for the upcoming calendar year. Chile has
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Chile: Tax Authority updates Second Category Income Tax parameters for January 2026
Chile’s tax authority (Servicio de Impuestos Internos – SII) has issued Circular No. 67 of 10 December 2025, confirming the Second Category Income Tax values and calculation tables to be applied in January 2026. The guidance, which marks the
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Chile: SII publishes circular on MFN clause activation in tax treaties with five countries
Chile’s tax authority (SII) issued Circular No. 65 on 3 December 2025, addressing the activation of Most-Favoured-Nation (MFN) clauses in Chile’s tax treaties with Belgium, New Zealand, Norway, Switzerland, and Uruguay. These clauses are
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Chile: Congress grants tax incentive to boost green hydrogen, related industries
Chile’s Chamber of Deputies (the lower house of Congress) approved a bill on 3 December 2025 during session No. 98a/373, as noted in Bulletin No. 17777-05. The legislation, proposed by the Executive Branch, aims to introduce tax incentives to
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Chile: SII implements new compliance requirements for digital platform operators, payment service providers
Chile’s tax authority (SII) has issued Resolution No. 168 on 27 November 2025, setting out clear rules for how electronic payment service providers and digital platforms that facilitate transactions between buyers and sellers must verify and
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Chile: SII clarifies procedure for income tax return software
Chile’s tax administration (SII) provided clarification about the software certification process for generating income tax returns on 24 November 2025. Instructions are now available for software manufacturers and distributors interested in
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Chile: SII clarifies deductibility of expenses backed by foreign invoices
Chile’s tax authority (SII) has issued Ruling No. 2271-2025 on 5 November 2025 on its website, clarifying that expenses backed by invoices issued by foreign suppliers remain deductible for First Category Income Tax purposes, as long as they are
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Chile joins crypto-asset reporting framework (CARF-MCAA)
Chile joined the Multilateral Competent Authority Agreement on Automatic Exchange of Information Pursuant to the Crypto-Asset Reporting Framework (CARF MCAA) on 21 October 2025. This framework standardises the reporting of crypto-asset
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Albania, Chile, UAE sign addendum to the CRS MCAA
OECD reported that Albania, Chile, and the United Arab Emirates (UAE) have signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA). The Addendum to the CRS MCAA
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