{"id":167,"date":"2022-04-01T17:13:09","date_gmt":"2022-04-01T17:13:09","guid":{"rendered":"https:\/\/britcham.cl\/pruebas\/?page_id=167"},"modified":"2022-05-02T21:19:50","modified_gmt":"2022-05-03T00:19:50","slug":"taxation","status":"publish","type":"page","link":"https:\/\/britcham.cl\/es\/doing-business\/customs-regulations-standards\/taxation\/","title":{"rendered":"Taxation"},"content":{"rendered":"<p>[:en]<\/p>\n<h6 style=\"text-align: center;\"><span style=\"font-weight: 400;\">TAXATION<\/span><\/h6>\n<p><\/br><br \/>\nThe UK and Chile signed a <a href=\"https:\/\/www.legislation.gov.uk\/uksi\/2003\/3200\/schedule\/part\/I\/made\">double taxation agreement<\/a> which came into force in January 2005 to ensure that the same income is not taxed twice and to prevent tax evasion on income and capital gains. This agreement has not been affected by the UK\u2019s departure from the European Union.<\/p>\n<p>The <a href=\"http:\/\/www.sii.cl\">Servicio de Impuestos Internos<\/a> (Internal Revenue Service) is the tax authority in Chile. The <a href=\"http:\/\/www.tesoreria.cl\">Treasury department<\/a> is responsible for the collection of taxes, as well as the conservation and custody of the funds collected.<\/p>\n<p>All taxes in Chile are levied at the national level, meaning that there are no provincial or regional taxes, unlike elsewhere in the region. This results in a tax system that is relatively straightforward, and which is applied equally to local and international businesses alike.<\/p>\n<p>Chile has been through several tax reforms during the last few governments, mostly aimed at reducing evasion and increasing collections. The biggest changes took place in 2014 as part of a plan to create more resources to support education. The new administration which came into office on the 11th March 2022 has already made proposals for more changes. These include a new income tax regime, a reduction in tax exemptions, a wealth tax, an increase to the existing green tax, a new mining royalty and a crackdown on tax avoidance. Once again, the objective is to raise more funds for social projects, but there will be significant resistance for some of the more ambitious changes. For more details see <a href=\"https:\/\/www.carey.cl\/en\/tax-plan-of-the-future-president-of-chile-gabriel-boric\/\">here<\/a>.<br \/>\n&nbsp;<br \/>\nThe main categories of tax which affect overseas investors or companies that have offices in Chile are currently:<\/p>\n<p>&nbsp;<\/p>\n<h6 style=\"text-align: center;\"><a href=\"#corporate_and_personal_income_taxes\">CORPORATE AND PERSONAL INCOME TAXES<\/a><\/h6>\n<h6 style=\"text-align: center;\"><a href=\"#value_added_tax_vat\">VALUE-ADDED TAX (VAT)<\/a><\/h6>\n<h6 style=\"text-align: center;\"><a href=\"#capital_gains\">CAPITAL GAINS<\/a><\/h6>\n<h6 style=\"text-align: center;\"><a href=\"#custom_duties\">CUSTOMS DUTIES<\/a><\/h6>\n<h6 style=\"text-align: center;\"><a href=\"#stamp_duty\">STAMP DUTY<\/a><\/h6>\n<h6 style=\"text-align: center;\"><a href=\"#municipal_licences\">MUNICIPAL LICENCES<\/a><\/h6>\n<h6 style=\"text-align: center;\"><a href=\"#mining_royalties\">MINING ROYALTIES<\/a><\/h6>\n<h6 style=\"text-align: center;\"><a href=\"#green_tax\">GREEN TAX<\/a><\/h6>\n<p>&nbsp;[:]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[:en] TAXATION The UK and Chile signed a double taxation agreement which came into force in January 2005 to ensure that the same income is not taxed twice and to prevent tax evasion on income and capital gains. This agreement has not been affected by the UK\u2019s departure from the European Union. The Servicio de<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":122,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-167","page","type-page","status-publish","hentry"],"acf":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Isabel Juppet","author_link":"https:\/\/britcham.cl\/es\/author\/isabel-juppetbritcham-cl\/"},"uagb_comment_info":0,"uagb_excerpt":"[:en] TAXATION The UK and Chile signed a double taxation agreement which came into force in January 2005 to ensure that the same income is not taxed twice and to prevent tax evasion on income and capital gains. This agreement has not been affected by the UK\u2019s departure from the European Union. The Servicio de","_links":{"self":[{"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/pages\/167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/comments?post=167"}],"version-history":[{"count":0,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/pages\/167\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/pages\/122"}],"wp:attachment":[{"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/media?parent=167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}