You had an annual income greater than $10,402,992.* Unless this corresponds to salaries from a single employer or payer You had more than one employer or payer. You worked on a fee basis and want to opt for full or partial coverage for your pension contributions. You requested the Solidarity Loan in 2020 and/or 2021 , since in this Income Operation the corresponding installment(s) are calculated and paid (30% of the requested amount, respectively). In the case of companies, all of them must file their income tax return.

To file your income tax return in Chile, you will need to have proof of income, such as your salary slips, pay stubs, investment certificates, among others. In addition, it is important to have information about your deductible expenses and other relevant documents to complete your return.

Credit for education expenses Reduction of interest on mortgage dividends Credit for contributions Re-assessment of second-category tax Credit in case of withdrawals and dividends of restitution obligation New tax benefit for new home purchases.

DDJJ 1903 (Quotes) – Expiration: March 1 DDJJ 1832 (Donations) – Due date: March 25 DDJJ 1947 (Taxable Income) – Due date: March 28 DDJJ 1887 (Salaries) – Due: March 28 DDJJ 1879 (Withholdings) – Expiration: March 28 DDJJ 1943 (Presumed Income) – Due date: March 28 DDJJ 1929 (Operations Abroad) - Expiration: June 28 DDJJ 1920 (Monthly) – Expiration: Last business day of the month

If for various reasons you cannot file your income tax return , the SII explains that there is the possibility of authorizing a third person to complete the procedure on your behalf. To do this, you must issue a digital mandate to a third party . Generally speaking, the digital mandate authorizes a person to carry out certain procedures on your behalf until the date you choose. The authorization must be confirmed by the legal representatives and accepted by the agent. It is worth mentioning that the digital mandate does not allow the third party to access all of your information , but only what is required for the specific procedure that you authorized. To submit a digital mandate, click HERE and log in with your Tax Code or Unique Key .

The tax payable in the income tax return in Chile is calculated by applying a progressive rate to the net taxable income. This rate varies according to the income bracket you are in and is established annually by the SII.

If you do not file your income tax return in Chile within the established deadline, you could be subject to fines and surcharges from the SII. In addition, you could face legal problems and difficulties in accessing certain tax benefits in the future.

If you make a mistake in your tax return in Chile, it is important to correct it as soon as possible. You can file a corrective return through the SII online system or request advice from one of our accounting professionals to help you with the process.

Yes, there are tax benefits for those who have investments abroad but are residents in Chile. However, it is important to comply with certain information obligations and requirements established by the SII to access these benefits.

Yes, in some cases you can request an extension to file your income tax return in Chile. However, this extension is subject to certain conditions and requirements established by the SII, so it is important to be properly informed before requesting it.

If you are abroad during the tax return period in Chile, you are still required to file your return if you meet the requirements established by the SII. In these cases, it is advisable to seek professional advice to ensure that you comply with your tax obligations correctly.

When investing in cryptocurrencies, you must consider the tax obligations associated with buying, selling, exchanging and holding cryptocurrencies. This may include income taxes, capital gains taxes and reporting transactions to the Internal Revenue Service (SII).

Digital businesses in Chile may be eligible for a variety of tax deductions and credits, including research and development expenses, investment in technology, staff training, and other expenses related to the operation of the company. It is important to know the available options and make the most of them.