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Chile Issues Guidance on Reduced Tax Rates and Advance Payments for SMEs Effective 2025-2027

    Chile’s Tax Administration (SII) issued guidance for SMEs on reduced income tax rates and advance monthly payments (PPMs) for 2025–2027, following Law 21,755. Reduced tax rates are available if SMEs meet specific social security contribution thresholds, with rates of 12.50% from 2025 to 2027 and 15% in 2028. PPMs are calculated using reduced rates based on gross income, effective from August 2025 to December 2027.

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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