According to the conclusions of the study, tax transaction costs in the micro, small, and medium-sized business sector represented 0.96% of GDP in 2014, with the cost of tax compliance borne by taxpayers being 0.87% of GDP and administrative cost to the Chilean Internal Revenue Service being 0.86% of GDP.

The study was conducted with the advising of the Inter-American Centre for Tax Administrations (CIAT) in collaboration with the Internal Revenue Service (SII) of Chile, which, using a methodology proposed by the CIAT and the UN, estimated not only the costs faced by taxpayers to comply with their tax obligations but also the costs faced by the tax agency to enforce the law.

This activity is part of the Voluntary Compliance with Tax Obligations action of the Public Finance area of the EUROsociAL Programme of the European Union, coordinated by FIIAPP, in which Spain's AEAT and the CIAT are acting as operational partners.

The study is available at the following link in the EUROsociAL Programme library