Chile's Treasury Returns Over 494 Billion Pesos in Second Stage of Income Tax Operation

The Chilean Treasury General (TGR) has successfully completed the second phase of the 2026 Income Tax Operation, disbursing over 494 billion pesos to more than 1.1 million taxpayers. This significant return of funds underscores the government's commitment to processing tax returns efficiently and providing refunds to eligible citizens and businesses.

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The Treasury General of the Republic made the refund of more than 494 billion pesos for Income Tax surpluses to 1.1 million taxpayers who filed their declaration between April 9 and April 23, within the framework of the second stage of the 2026 Income Tax Operation.

The operation saw the vast majority of refunds directed towards individuals, reflecting the broad base of personal income taxpayers in the country. However, it is noteworthy that over 100,000 companies and legal entities also benefited from these returns, receiving a combined total exceeding 76 billion pesos. This demonstrates the TGR's capacity to manage complex tax reimbursements across different economic actors.

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The majority of the refunds corresponded to natural persons, although payments were also made to more than 100,000 companies and legal entities, for an amount exceeding 76 billion pesos.

Furthermore, the TGR utilized this phase to address outstanding state debts. Over 268,000 taxpayers had withholdings or compensations applied to their refunds to settle various obligations, including student loans (Crédito con Aval del Estado - CAE), solidarity fund debts, and crucially, alimony payments. These measures, totaling billions of pesos in deductions, not only help in recovering state funds but also ensure that financial obligations, particularly those related to family support, are met. Taxpayers who filed between April 24 and May 8 are scheduled to receive their refunds on May 27.

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During this second phase, withholdings and compensations were applied to more than 268,000 taxpayers who maintained pending debts with the State, including university credits, fines, subsidies, and alimony pensions.