How crypto tax works in Chile
SII treats crypto gains as taxable mayor valor: individuals pay Global Complementario up to 40% on realised gains, while companies and assigned-asset businesses pay First Category with later distribution tax.
Cost proof decides outcomes — unaccredited costs were the core failure in SII's 2025 audits — and salary or service tokens arrive as ordinary income on receipt.
Intermediaries file DJ 1963 on non-resident users and DJ 1964 on residents from June 2026, feeding automatic exchange and domestic matching.
Tax rates at a glance
- Investor gains
- Up to 40%
- Individual top
- 40%
- Company track
- First Category
- Non-resident track
- 35%
- Salary tokens
- Ordinary income
- Reporting start
- June 2026
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
Active tradersLong-term holdersFreelancers paid in cryptoExpatsMiners
Watch out for
- Cost accreditation is the audit killer: SII's 2025 cases centred on unproven acquisition costs, which converts gains to gross proceeds.
- No holding discount softens long positions, so duration brings no rate benefit under either personal or company tracks.
- VAT splits trading (exempt) from intermediation commissions (taxed), which needs separate analysis beside income treatment.
- Fintech Law registration and CMF oversight gate the business side, while DJ reporting makes platform activity visible automatically.
Frequently asked questions
How is crypto taxed in Chile?
Gains face Global Complementario up to 40% for individuals and First Category for companies, with cost proof decisive. Salary tokens are ordinary income on receipt.
Does VAT apply to crypto in Chile?
Trading itself is VAT-exempt as intangibles, but intermediation commissions for third-party services carry VAT with invoice duties.
What are DJ 1963 and 1964?
Annual intermediary declarations from June 2026 covering non-resident and resident users, transactions, wallets, and service payments, feeding exchange and matching.