Chile Updates Tax Rates on Gold and Silver Ore
Sales for Small Miners and SMEs

Chile’s Internal Revenue Service (SII) has issued Resolution No. 48 of 1 April 2026, establishing updated tax rates for small artisan miners and SMEs engaged in the mining and sale of gold and silver ores.

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Simplified Single Tax — Small Artisan Miners

The following rates apply on net revenue from the sale of gold and silver ores, including combinations of these minerals with copper.

Gold

International Price (Troy Ounce)	Tax Rate
USD 1,118.44 and below	1%
USD 1,118.44 – 1,789.40	2%
Above USD 1,789.40	4%

Silver

International Price (Kilogram)	Tax Rate
USD 1,027.31 and below	1%
USD 1,027.31 – 1,643.72	2%
Above USD 1,643.72	4%

Effective: 1 March 2026 – February 2027

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Presumptive Tax Regime — SMEs

The following rates apply on annual net revenue from the sale of gold and silver ores, including combinations with copper.

Gold

Annual Average Price (Troy Ounce)	Tax Rate
USD 894.72 and below	4%
USD 894.72 – 1,118.44	6%
USD 1,118.44 – 1,453.95	10%
USD 1,453.95 – 1,789.40	15%
Above USD 1,789.40	20%

Silver

Annual Average Price (Kilogram)	Tax Rate
USD 821.91 and below	4%
USD 821.91 – 1,027.31	6%
USD 1,027.31 – 1,335.52	10%
USD 1,335.52 – 1,643.72	15%
Above USD 1,643.72	20%

Effective: 2026 Tax Year