ANNOUNCEMENT 10 Aug 2011In August 2011, the government of Chile announced a change in import duties.
NUMBER OF INTERVENTIONS
Decree No. 1148 (in Spanish),
Current Customs Tariffs in Chile (in Spanish),
On 10 August 2011, Chile's Ministry of Finance adopted Decree No. 1148 implementing the new customs tariffs law. The new regulation introduces a flat tariff of 6 per cent for all goods imported to Chile (with very few exceptions under section 0: special tariff treatment). This amounts to a de facto reduction in import tariffs compared to the previous law, in force since 2007, which featured some import tariffs above 6 per cent. For example, the previous import tariff on meat was set at 9.3 per cent. This measure enters into force on 1 January 2012.