The Chilean Internal Revenue Service has clarified tax regulations for digital currency transactions in Letter No. 1290. Taxpayers must declare income from digital currency transactions as general income, but digital currency transactions are exempt from value-added tax. VAT applies to commissions charged by intermediaries, and invoices should be issued accordingly.
Source GVC
Latest Posts in "Chile"
- Chilean Tax Authority Issues VAT Guidance for Online Low-Value Goods and Platforms, Effective October 2025
- FINTUA Global VAT Guide for September 2025
- Low-Value Online Imports to Face New Government Tax from October 2025
- Chile Clarifies VAT Rules for Low-Value Goods via Remote Sellers and Online Platforms
- Chile Issues Guidance on Reduced Tax Rates and Advance Payments for SMEs Effective 2025-2027