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Chilean Tax Authority Issues Circular on Inflation Adjustments Including Global Complementary Tax Brackets for Tax Year 2025

11 February 2025

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Approved Changes

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Chile

The Chilean tax authority (Servicio de Impuestos Internos - SII) has issued Circular No. 09 of 30 January 2025, which provides different inflation adjustments for the fiscal year/period ending 31 December 2024, as well as the annual global complementary tax brackets for tax year 2025 considering an annual tax unit (Unidad Tributaria Annual - UTA) value of CLP 807,528 as of December 2024. The brackets are as follows: up to CLP 10,901,628.00 - 0% CLP 10,901,628.01 to 24,225,840.00 - 4% CLP 24,225,840.01 to 40,376,400.00 - 8% CLP 40,376,400.01 to 56,526,960.00 - 13.5% CLP 56,526,960.01 to 72,677,520.00 - 23% CLP 72,677,520.01...