Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 190

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 190
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 are detailed as follows: Deferred taxes related to benefits for tax losses As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Chile 44,525 16,087 Foreign 84,598 58,260 Total 129,123 74,347 The tax losses as of December 31, 2024, which are the basis for these deferred taxes, correspond mainly to SQM Salar SpA., SQM Potasio SpA., Orcoma SpA., SCM Búfalo, SQM North América Corp., Sichuan Dixin New Energy Co. Ltd., SQM Comercial Perú S.A.C. and SQM Australia Pty Ltd. (f) Movements in deferred tax assets and liabilities Movements in deferred tax assets and liabilities as of December 31 2024 and 2023 are detailed as follows: Movements in deferred tax assets and liabilities Assets (liabilities) As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Deferred tax assets and liabilities, net opening balance (92,452) 314,646 Increase (decrease) in deferred taxes in profit or loss (101,614) (346,391) Increase (decrease) deferred taxes in equity 53,251 (60,707) Total (140,815) (92,452)

Notes to the Consolidated Financial Statements December 31, 2024 162 (g) Disclosures on income tax (expenses) benefit Current and deferred tax (expenses) benefits are detailed as follows: Disclosures on income tax (expense) benefits (Expense) Income As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Current income tax (expense) benefit Current tax (expenses) (164,276) (440,884) Deferred (expense) benefit from taxes related to the origination and reversal of temporary differences (101,614) (346,391) Current income tax expense, net, total (265,890) (787,275) (Expenses) for specific taxes on lithium-related mining activity (see note 21.3) (1,106,159) - Income tax expense (1,372,049) (787,275) Income tax (expenses) benefits for foreign and domestic parties are detailed as follows: Income tax (expense) benefit (Expense) Income As of December 31, 202