What is Chile’s new condonation policy?
Starting June 18, 2026, the Servicio de Impuestos Internos (SII) together with the Tesorería General de la República (TGR) implemented a new policy under Article 207 of the Chilean Tax Code. The policy provides more flexible rates of forgiveness for interest and fines associated with outstanding tax debts, based on how long those debts have been pending. (sii.cl)
How the forgiveness breaks down by debt age
| Debt Age | Forgiveness of Interest (above legal 3.5%) | Forgiveness of Fines/Multas |
|---|---|---|
| 1–3 months | 75% | 70% |
| 4–12 months | 55% | 50% |
| 13–18 months | 30% | 30% |
| 19–24 months | 15% | 20% |
| Over 24 months | 0% | 0% |
Extra bonus: paying the total debt, when the debtor has more than one “giro” and debts are not older than 24 months, grants an additional 5% interest forgiveness. (sii.cl)
Who qualifies—and who doesn’t
- Applies to individuals and legal entities with overdue tax obligations those include unpaid interest and/or penalties. (sii.cl)
- Excluded: debts for infractions without a base tax, or penalties caused by things beyond the taxpayer’s responsibility. These cases require a presential application (via Form 2667 or similar) at SII or TGR. (sii.cl)
Actionable steps to benefit
- Check your debt age — calculate how many months the debt has been overdue. If within 1–24 months, you may qualify for considerable condonation.
- Decide payment method — paying the full amount speeds access to forgiveness. Partial payments usually don’t reach the highest benefit tiers.
- File correctly:
- Normal debts: Online through sii.cl or tgr.cl.
- Excluded or special cases: Present documentation in person using Form 2667. (sii.cl)
- Document thoroughly if requesting higher forgiveness under special conditions.
- Monitor deadlines — although the policy is effective now, no blanket expiration yet. But eligibility and procedures may evolve. Staying current is essential.
Real-world example
María owed taxes and penalties totaling ~$US 10,000. The debt has been overdue for 5 months. Under the new policy, she may receive 55% forgiveness on interest and 50% on fines. If she pays the full amount within policy terms, she gets an extra 5% interest forgiveness.
Key takeaways
- The policy is a powerful Compliance tool to reduce past liabilities.
- Acting promptly matters—being within certain age brackets secures higher forgiveness.
- Excluded categories need special application and may be more work.
- Stay updated—this policy may be adjusted later in 2026.
Bottom line: If you’re overdue on Chilean tax debts from the last two years, this policy could save you thousands. Assess, apply, and clear your debts with maximum relief.