Taxes · CHL
Taxes in Chile
Chile taxes cryptocurrency gains for individual holders as ordinary income under the Global Complementary Tax, with progressive rates up to 40%. The SII (Servicio de Impuestos Internos) issued an initial ruling in 2018 treating crypto as intangible assets, but comprehensive dedicated legislation is lacking as of January 2026. Individuals should report gains on annual tax returns, and crypto-to-crypto exchanges may also constitute taxable events.
Income tax
Mining rewards and crypto income are treated as taxable income under the IGC at progressive rates from 0% to 40%. Staking rewards are not clearly addressed by specific SII guidance but would likely follow the same ordinary income treatment.
VAT / GST
Exempt for individuals buying or selling crypto as an investment. The SII has not formally classified crypto transactions as subject to IVA (Chilean VAT at 19%), though businesses providing crypto-related services may have different obligations.
Capital gains
Capital gains from crypto disposal are generally taxed as ordinary income under the Global Complementary Tax (IGC) for individuals, at progressive rates from 0% to 40%. The SII has treated crypto as an intangible asset, so gains are taxable upon sale or exchange.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap