Chile Collects Over $85 Billion Pesos in VAT on Foreign Online Purchases up to $500

• Over 48 billion pesos were collected in the second period of VAT declarations on foreign purchases up to $500.
• Since the law took effect on October 25, total revenue from this VAT has exceeded 85 billion pesos.
• The main contributing platforms are Aliexpress, Amazon, Temu, Shein, and Ebay.
• The measure aims to level the playing field for taxpayers and combat tax evasion linked to informal trade.
• Previously, goods under $41 were exempt from VAT and import duties, encouraging informal commerce and tax evasion.

Source: sii.cl

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.

---

---