Global Daily Tax News, Chile Reports On 2024 Tax Enforcement Wins, (Jun 30, 2025)

Chile's tax authority has outlined the agency's tax enforcement achievements during 2024, in particular in relation to the oversight of multinational groups and high net worth individuals.

The tax agency noted that, although these taxpayers account for just 0.42 percent of the total, they contribute 67.5 percent of revenues. Therefore, during 2024, one-third of the tax agency's compliance resources were devoted to oversight of multinationals, while 12 percent was dedicated to the affairs of HNWIs.

Audits of 250 multinationals were carried out in 2024, with assessments raised of CLP61bn (USD65m), an increase of 18.7 percent year-on-year. Meanwhile, 638 audits were carried out on the affairs of HNWIs, with CLP68bn in tax at stake.

The general anti avoidance rule was applied against 22 arrangements in 2024, with CLP37.9bn at stake.

In the area of inappropriate value-added tax refund claims, the tax agency said it had also seen a 20 percent drop in the number of invoices issued by supermarkets, following intervention from the agency. In December 2024, the agency released Resolution No. 121, which underscored that invoices should be issued to taxpayers only for purchases directly related to the taxpayer's business or economic activity.

The tax agency also challenged taxpayers engaged in the issuance of false invoices, blocking undue VAT refund claims worth CLP157bn.

To challenge tax lost to fiscal crime, the agency last year established the Commission to Combat Tax Evasion, Contraband, Tax and Customs Fraud, Money Laundering, Terrorism Financing, and Organized Crime. This commission is intended to foster collaboration between the Treasury, the Financial Analysis Unit, the National Customs Service, and the Internal Revenue Service. Internally, the agency has also established the Office Against Organized Crime.

These efforts are intended to complement ongoing collaboration between the tax agency and the nation's law enforcement agencies. The tax agency said recent efforts to tackle tax lost to organized crime have focused on informal trade, salmon theft, and networks dedicated to the theft of vehicles and their parts and components.

In addition, in 2024, 3,125 businesses were closed by the tax agency, up 260 percent on 2023 levels. Criminal cases brought against taxpayers related to tax worth CLP165bn (USD177.1m), an increase of 115 percent on 2023.