Through the new Form No. 1965, established by SII Resolution No. 113 of August 31, 2026, the Chilean Internal Revenue Service (SII) created a new Annual Information Return No. 1965, aimed at reporting amounts received and/or accrued by digital content creators and digital content providers through intermediary digital platforms.
Key Implications
New Obligation for Digital Platforms
The obligation applies to individuals, legal entities, communities, and other organizations domiciled or resident in Chile that operate intermediary digital platforms and manage, administer, or facilitate payments between users or subscribers and creators or providers of digital content.
Income Reporting to the SII
Platforms must report to the SII the amounts received and/or accrued by digital content creators and digital content provider companies domiciled or resident in Chile. This includes income, remuneration, or other monetary consideration.
Broad Scope of Reported Persons
The resolution covers individuals who generate, produce, distribute, disseminate, or monetize audiovisual content through social media networks or other digital platforms, including images, videos, animations, live streams, audio content, texts, documents, and presentations (content creators, influencers, and similar individuals).
Annual Filing Requirement
Form No. 1965 must be filed annually by March 29, reporting income corresponding to the previous calendar year.
Effective Date
The obligation will apply starting from Tax Year 2027 with respect to information corresponding to Fiscal Year 2026 and subsequent years.
Penalties for Non-Compliance
The resolution expressly provides that late filing or failure to file will be sanctioned under Article 97 No. 1 of the Chilean Tax Code.
Based on the official values published by the SII for September 2026:
- 1 UTM = CLP $71,721
- 1 UTA = CLP $860,652
Therefore:
| Violation | Legal Basis | Penalty |
|---|---|---|
| Late filing or failure to file the return | Article 97 No. 1 of the Tax Code | From CLP $71,721 (1 UTM) up to CLP $860,652 (1 UTA) |
| Failure to comply after an SII request for third-party information | Article 97 No. 1 of the Tax Code | Up to CLP $14,344 per omitted person and for each month or fraction thereof in delay (0.2 UTM), capped at CLP $25,819,560 (30 UTA) |
Incomplete or Incorrect Filing
Article 97 No. 3 of the Tax Code sanctions incomplete or inaccurate filings that may result in the determination of a lower tax than legally due with a penalty ranging from 5% to 20% of the resulting tax differences, unless the taxpayer can demonstrate that due diligence was exercised.
Conclusion
Form No. 1965 does not create a new tax nor does it alter the tax treatment applicable to digital content creators. Its primary effect is to introduce a new reporting obligation for intermediary digital platforms, enabling the SII to obtain systematic information regarding income earned through these channels.
