Chile

Individual - Other tax credits and incentives

Last reviewed - 02 June 2020

Credit for educational purposes

Individuals resident in Chile may have a credit amounting to UF 4.4 (approximately USD 177) per child, based on expenses directly related with educational purposes. The credit is reduced to zero for taxpayers who have an annual income greater than UF 792 (approximately USD 31,896) considering the total income received by both parents.