TAX SYSTEM

In this chapter, you will find a brief overview of the Chilean tax system:

• Legal framework and authorities: The Internal Revenue Service (SII) is the institution responsible for tax administration in Chile. The regulations differentiate between residents and non-residents.
• Main taxes: Chile imposes income tax, value-added tax (VAT), and specific taxes such as the mining tax, among others.
• Treaties and benefits: Double taxation treaties are in force with multiple countries, as well as simplified procedures for tax registration, initiating operations, and VAT refunds for exporters.