Chile cryptocurrency tax guide

What this guide covers

This guide covers Chile's general approach to individual cryptocurrency taxation for the 2025 tax year, based on secondary accounting and legal commentary describing SII rulings on crypto-asset disposals. The SII's own site (sii.cl) wasn't directly fetched in this research pass. This is educational information, not individualized tax advice.

Tax treatment of cryptocurrency

Oficio SII N° 963 of 2018 classifies income from buying and selling crypto-assets under article 20 N°5 of the Ley sobre Impuesto a la Renta — the catch-all category for income not otherwise classified — rather than creating a separate crypto-specific tax category. This research pass didn't identify a crypto-specific capital gains exemption or preferential rate. Your crypto gains get added to your total taxable income for the year and taxed under Chile's ordinary progressive personal income tax structure, the Global Complementario for Chilean tax residents, rather than at a flat capital gains rate.

Common taxable events

• Selling or exchanging crypto for a gain — taxed as ordinary taxable income, added to total annual income.
• Crypto received as payment for goods, services, or employment — taxable income at its value when received.
• Mining rewards — taxable income at the value of the mined crypto when received.

Potentially non-taxable events

• Simply buying and holding crypto, without disposing of it, isn't itself a taxable event.
• Selling crypto itself isn't subject to VAT, per Oficio N° 963, because virtual assets lack corporalidad (physical form) under Chilean VAT law.
• This guide doesn't identify a specific holding-period or de minimis exemption for crypto gains under Chilean income tax law — none was corroborated in this pass.

Tax rates and thresholds

Crypto gains are taxed at Chile's ordinary progressive personal income tax rates under the Global Complementario for residents, which this guide doesn't reproduce in full — confirm current brackets on sii.cl. This guide doesn't identify a separate, lower capital-gains-specific rate for crypto, in contrast with some other countries in this knowledge base that apply a distinct capital gains regime.

Cost basis and calculation

Your taxable gain is calculated as sale proceeds minus the documented acquisition cost, consistent with Chile's general income-recognition principles for asset disposals. This guide doesn't independently confirm a specific cost-basis identification method, such as FIFO, mandated for crypto specifically.

Reporting and compliance

• Crypto gains go in your annual income tax return (Formulario 22) filed with the SII.
• This guide doesn't independently confirm any crypto-specific information-reporting obligation for Chilean exchanges — this wasn't corroborated with specificity in this pass.

Residency and cross-border issues

Your Chilean tax residency generally governs whether your worldwide crypto gains are subject to Chilean income tax, via the Global Complementario. Non-residents are generally subject to a different withholding-based regime (Impuesto Adicional) for Chilean-sourced income, which this guide doesn't detail for crypto specifically.

Example

This example is hypothetical, for illustration only. Javiera, a Chilean tax resident, sells crypto during the year for a CLP 2,000,000 gain, with no other complicating factors. That gain gets added to her total taxable income for the year and taxed at her applicable progressive Global Complementario rate, rather than at a separate flat capital gains rate.

Official resources

• Servicio de Impuestos Internos (SII): https://www.sii.cl/

Limitations and review information

Tax year covered: 2025. Last verified: October 11, 2026. Known gap: sii.cl wasn't directly fetched, and Oficio N° 963's full text wasn't independently re-read, though its exact number, date, and core holdings are consistently corroborated via secondary legal and tax commentary. This guide doesn't independently confirm reporting mechanics or any information-exchange obligations for Chilean exchanges, including a separately reported 2026 requirement (Resolución Exenta N° 113) for resident digital-asset providers to report on non-resident users. This is educational information only, not individualized tax advice — confirm current specifics directly with the SII or a qualified Chilean tax professional.