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
See MoreChile: 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
See MoreChile 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
See MoreChile: SII to impose VAT on small online imports from 20 major foreign platforms
Chile’s tax authority (SII) announced on 24 October 2025 that it will start applying VAT to remote purchases of goods valued up to USD 500 when bought through 20 registered foreign retailers and intermediary platforms, which account for 90% of
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Chile: Tax Authority updates IVA rules for digital platform operators
RF Report The Chilean Tax Authority (Servicio de Impuestos Internos, SII) issued Resolution Ex. SII No. 145-2025 on 16 October 2025, setting out the obligations of digital platform operators with residence or domicile in Chile regarding Value
See MoreChile: SII clarifies offshore software tax exempt from non-resident income tax
Offshore software licenses in Chile exempt from income tax, VAT applies. The Chilean Tax Administration (SII) has clarified the tax treatment of software licensing services provided from abroad. According to Ruling No. 2066-2025 on 16 October
See MoreChile, Paraguay finalise updates to tax treaty
The updated agreement incorporates provisions aligned with the OECD BEPS standards and introduces enhancements to the taxation of dividends, interest, and royalties. Officials from Chile and Paraguay have concluded discussions to revise their
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Amending protocol to Brazil, Chile tax treaty enters into force
Signed on 3 March 2022, the protocol aims to update and modernise the 2001 agreement, aligning it more closely with current international tax standards and enhancing tax cooperation between the two countries. The amending protocol to the
See MoreChile: SII extends deadline for digital platforms to confirm user tax details
The deadlines for platforms to verify users’ business registrations with the SII and for DIPs to validate and submit this information have been postponed: verification now starts 2 January 2026, DIP validation by 1 January 2026, and the final
See MoreChile: SII revises UAE’s status on its preferential tax regimes list
This resolution repeals Resolution Ex. SII No. 61-2025, which had set 1 June 2023 as the removal date, and confirms that the UAE is not considered to have a preferential tax regime under the Income Tax Law (LIR). Chile’s tax administration
See MoreChile: SII revises 2026 luxury tax values for aircraft, yachts, vehicles
Resolution Ex. SII No. 121-2025 updates the fair market values for helicopters, airplanes, yachts, and vehicles subject to the 2% luxury goods excise tax for 2026. Chile’s tax administration (SII) has published Resolution Ex. SII No. 121-2025
See MoreChile: SII announces filing deadlines for FY 2026 annual tax return forms
Chile’s Tax Authority (Servicio de Impuestos Internos – SII) has issued Resolution Ex. SII No. 123-2025 on 25 September 2025, announcing the official filing schedule for annual tax return forms due in fiscal year (FY) 2026. Annual tax
See MoreBrazil: National Congress approves tax treaty protocol with Chile
Signed 3 March 2022, this is the first amendment to the 2001 Brazil–Chile income tax treaty. Brazil has published Legislative Decree No. 196 in the Official Gazette No. 172 of 10 September 2025, marking the National Congress's approval of the
See MoreChile: SII clarifies eligibility timing for special capital gains on listed shares
Ruling 1750 clarifies that capital gains from selling shares in public companies or mutual funds qualify for the Article 107 special regime only if the shares meet the stock market presence requirement at the time of sale. Chile’s tax
See MoreChile: SII provides clarification on new VAT Rules for low-value products purchased via remote sellers, online platforms
Ruling No. 1688-2025 states that DPIs selling low-value goods in Chile are not VAT taxpayers, must include all charges in the total price, and can reclaim excess VAT on returned goods after refunding the customer. Chile’s Tax Administration
See MoreChile: SII issues guidance on reduced tax rates and advance payments for SMEs
The reduced income tax rates take effect on 1 January 2025, and the reduced PPM rates apply from August 2025 to December 2027. Chile’s Tax Administration (SII) has published Circular SII No. 53-2025 on its website on 3 September 2025, outlining
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Brazil: Senate approves tax treaty protocol with Chile
Signed 3 March 2022, this is the first amendment to the 2001 Brazil–Chile income tax treaty. Brazil's Senate (the upper house of parliament) approved the ratification of the protocol amending the 2001 tax treaty with Chile on 3 September
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