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Current Taxes and Deferred Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of income tax [text block] [Abstract]

Schedule of income tax Provision

		2020				2021
		MCh$				MCh$

Income taxes			153,084				299,396
Less:
Monthly prepaid taxes (PPM)			(172,683	)			(182,903	)
Credit for training expenses			(1,900	)			(2,000	)
Other			(1,139	)			(2,210	)
Total tax (receivable) payable, net			(22,638	)			112,283

		2020				2021
		MCh$				MCh$

Current tax assets			22,949				—
Current tax liabilities			(311	)			(112,283	)
Total tax receivable (payable), net			22,638				(112,283	)

Schedule of tax expenses

		2019				2020				2021
		MCh$				MCh$				MCh$
Income tax expense:
Current year taxes			232,404				161,869				250,155
Tax from previous period			(331	)			813				3,014
Subtotal			232,073				162,682				253,169
(Credit) charge for deferred taxes:
Origin and reversal of temporary differences			(58,733	)			(58,895	)			20,163
Effect of changes in tax rate			—				—				—
Subtotal			(58,733	)			(58,895	)			20,163
Other			321				(564	)			2,637
Net charge to income for income taxes			173,661				103,223				275,969

Tax Rate			27.00	%			27.00	%			27.00	%

Schedule of reconciliation of effective tax rate

		2019								2020								2021
		Tax rate %				MCh$				Tax rate %				MCh$				Tax rate %				MCh$
Income tax calculated on net income before tax			27.00				209,901				27.00				136,310				27.00				359,717
Additions or deductions ^(*)			(5.10	)			(39,612	)			(7.76	)			(39,195	)			(6.27	)			(83,587	)
Effect of changes in tax rate			—				—				—				—				—				—
Other			0.43				3,372				1.21				6,108				(0.01	)			(161	)
Effective rate and income tax expense			22.33				173,661				20.45				103,223				20.72				275,969

(*)	The deductions of the tax rate for 2019, 2020 and 2021 mainly relate to permanent differences between tax and financial accounting rules.

Schedule of effects of deferred taxes on assets, liabilities and income accounts

		Balance as of January 1,				Effect								Balance as of December 31,				Effect								Balance as of December 31,
		2020				Income				Equity				2020				Income				Equity				2021
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Debit differences:
Allowances for loan losses			151,481				65,880				—				217,361				(47,150	)			—				170,211
Personnel provisions			16,997				(481	)			—				16,516				(1,929	)			—				14,587
Staff vacations			7,444				1,720				—				9,164				829				—				9,993
Accrued interest and indexation adjustments from past due loans			3,674				896				—				4,570				503				—				5,073
Staff severance indemnities provision			1,491				(95	)			25				1,421				(67	)			(125	)			1,229
Provisions of credit card expenses			8,221				(262	)			—				7,959				1,815				—				9,774
Provisions of accrued expenses			10,564				3,519				—				14,083				(1,768	)			—				12,315
Derivative instruments adjustments			1,470				(109	)			—				1,361				102				—				1,463
Adjustment for valuation and impairment of financial assets at fair value through OCI			—				—				—				—				270				2,774				3,044
Leasing			41,792				(12,957	)			—				28,835				23,184				—				52,019
Other adjustments			36,523				965				—				37,488				11,401				—				48,889
Total debit differences			279,657				59,076				25				338,758				(12,810	)			2,649				328,597
Credit differences:
Depreciation of property and equipment and investment properties			15,524				1,732				—				17,256				(810	)			—				16,446
Adjustment for valuation and impairment of financial assets at fair value through OCI			2,445				1,256				(2,304	)			1,397				—				(1,397	)			—
Transitory assets			8,329				(1,796	)			—				6,533				1,580				—				8,113
Derivative instruments adjustments			—				—				—				—				—				—				—
Accrued interest to effective rate			1,381				1,393				—				2,774				(342	)			—				2,432
Advance payment of lump-sum under union contracts			3,334				(1,100	)			—				2,234				3,434				—				5,668
Intangible assets amortization			5,503				—				—				5,503				—				—				5,503
Other adjustments			11,848				(1,304	)			—				10,544				3,491				—				14,035
Total credit differences			48,364				181				(2,304	)			46,241				7,353				(1,397	)			52,197
Total Assets (Liabilities), net			231,293				58,895				2,329				292,517				(20,163	)			4,046				276,400