- Chile eliminated the VAT exemption for imports under $41; all international purchases are now subject to 19% VAT.
- Foreign platforms (e.g., AliExpress, Shein, Amazon) must collect VAT on purchases up to $500 and register under a new VAT Simplified Regime.
- Purchases over $500 or by VAT payers follow the existing system, with buyers declaring and paying taxes at customs.
- Registered foreign sellers are exempt from the 6% customs duty and benefit from faster customs processing; unregistered sellers face regular customs procedures and duties.
- The new rules aim to level the playing field between local and foreign sellers and increase tax revenue, with the first VAT declaration period for foreign companies starting January 2026.
Source: internationaltaxreview.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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