author_orbitax
Orbitax

Share This Article

Chile Establishes Tax Rates for SMEs in the Mining Sector

19 March 2025

|

Approved Changes

|

Chile

Chile's Internal Revenue Service (SII) has issued Resolution No. 33 of 13 March 2025, which establishes new tax rates for small artisan miners and other SMEs engaged in the mining and sale of gold and silver ores. For small artisan miners applying the simplified single tax, the tax rates are as follows on net revenue from the sale of gold and silver ores, and the combination of these minerals (metals) with copper: Regarding gold: 1% if the international price of gold does not exceed USD 1,089.04 per ounce (troy ounce); 2% if the international price of gold exceeds USD 1,089.04...