ANNOUNCEMENT 27 Apr 2012In April 2012, the government of Chile announced a change in import duties.
NUMBER OF INTERVENTIONS
On 27 April 2012, the Minister of Finance and Treasury, Felipe Larraín, announced that Chile will eliminate all import tariffs by 2015 (as a part of its tax reform which entered into force on 4 September 2012).
The import duties will be reduced for all countries that currently do not have a Free Trade Agreement with Chile. The duties will be reduced from 6% to 4% in 2013, to 2% in 2014 and will be eliminated in 2015.