Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 185

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 185
---
, 2023 ThUS$ ThUS$ Monthly provisional income tax payments, Chilean companies (1) 133,898 584,382 Monthly provisional income tax payments, foreign companies 12,859 26,741 Corporate tax credits (2) 4,603 1,918 1st category tax absorbed by tax losses (3) - 1,872 Taxes in recovery process (1) 431,783 22,120 Total 583,143 637,033 (b) Non-current Non-current tax assets As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Total tax paid by SQM Salar (see note 21.3) 59,541 986,274 Total 59,541 986,274 (1) The provisional monthly payments of Chilean companies and recoverable taxes are presented net of the specific tax liability for lithium mining activities, amounting to US$179.5 million. See Note 21.3 Tax contingencies. (2) These credits are available for companies and are related to corporate tax payments in April of the following year. These credits include, among others, credits for training expenses (SENCE) and credits in Chile for taxes paid abroad. (3) This concept corresponds to the tax loss absorption determined by the company at the end of the year, which must be attributed to the dividends received during the year.

Notes to the Consolidated Financial Statements December 31, 2024 157 26.2 Current tax liabilities Current tax liabilities As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Chilean income tax 24,687 636 Foreign company income tax 55,154 20,254 Total 79,841 20,890 (1) Income tax in Chile is presented net of provisional monthly payments by Chilean companies for an amount of US$90.9 million. (2) The income tax of foreign subsidiaries is presented net of provisional monthly payments by companies for an amount of US$66.9 million. Income tax is calculated based on the profit or loss for tax purposes that is applied to the effective tax rate applicable in Chile. As established by Law No. 21,713 is 27%. The Specific mining tax is determined by applying the taxable rate to the net operating income obtained, according to the chart in force. The Company currently provisioned 5% for mining royalties that involve