How much will you have to pay for Shein and AliExpress orders under 41 thousand pesos

by times news cr

2024-10-04 07:23:05

The Minister of Finance, Mario Marcel, explained that the end of tax exemptions for imports of less than US$41 on platforms such as AliExpress or Shein will not imply a delay in the arrival of the products.

Ready for promulgation as law was the Tax Compliance project, with which Tax exemptions will end for international purchases of less than $41 through platforms such as Shein, Temu or AliExpressafter the Chamber of Deputies dispatched it with the modifications incorporated into the proposal presented by the Executive.

In this regard, the Minister of Finance, Mario Marcel, recalled that “when someone makes a purchase in an established business In Chile you pay VAT, 19% regardless of whether the purchase is large or small.“.

“The fact that there is an exemption for international purchases of less than US$41 starting It is unfair to local producers and traders“, added the Secretary of State in the interview he gave to 24 Hours.

According to Marcel, the initiative “generates greater justice in the operation of the tax system, to the extent that it guarantees those who pay their taxes that They will compete on equal terms with respect to others who, under other circumstances, could be evading or evading taxes and thereby obtain inappropriate advantages.

According to him, the exemption “has ended up becoming part of an entire chain of informality. There is, unfortunately, many people who are continually importing products through various platforms that they then sell internally, also without paying taxes“.

How much will have to be paid and how will it be done?

On the occasion, Minister Marcel confirmed that once the law is enacted, all imports, through platforms such as Shein and AliExpress, for example, They must pay a customs duty of 6%, in addition to the Value Added Tax (VAT), of 19%.

“Anyone who has made a transaction with these platforms knows that, when collecting, paying with a cardone includes the tax that has to be paid when it is greater than US$ 41. So that is part of the same service that the respective platform provides,” he detailed about how this tax will be paid.

At the same time, the head of the Treasury ruled out that this change will imply a delay in the arrival of imported products.

“When tariffs are being collected, there are a series of controls that Curie companies and the customs service have to carry out, which in this case will not be necessary. Therefore, Import processes will not be slowed down, nor will the work of intermediaries in this process be complicated.“, he concluded.

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