XML 83 R63.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Current and Deferred Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Current and Deferred Taxes Tables [Abstract] |
Schedule of current taxes |
|  | As of December 31, |
|  | 2021 |  |  | 2020 |
|  | MCh$ |  |  | MCh$ |
Summary of current tax liabilities (assets) |  |  |  |  |  |
Current tax (assets) |  |  | (121,534 | ) |  |  | - |
Current tax liabilities |  |  | - |  |  |  | 12,977 |
Total tax payable (recoverable) |  |  | (121,534 | ) |  |  | 12,977 |
(Assets) liabilities current taxes detail (net) |  |  |  |  |  |  |  |
Income tax, tax rate |  |  | 4,434 |  |  |  | 174,205 |
Minus: |  |  |  |  |  |  |  |
Provisional monthly payments |  |  | (138,515 | ) |  |  | (157.648 | )
Credit for training expenses |  |  | (2,110 | ) |  |  | (2.137 | )
Grant credits |  |  | - |  |  |  | (1.360 | )
Other |  |  | (14,657 | ) |  |  | (83 | )
Total tax payable (recoverable) |  |  | (121,534 | ) |  |  | 12,977 |
Schedule of effect on income tax expense |
|  | As of December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Income tax expense |  |  |  |  |  |  |  |  |
Current tax |  |  | 4,434 |  |  |  | 174,205 |  |  |  | 153,424 |
Credits (debits) for deferred taxes |  |  |  |  |  |  |  |  |  |  |  |
Origination and reversal of temporary differences |  |  | 226,810 |  |  |  | (28,465 | ) |  |  | 37,432 |
Valuation provision |  |  | - |  |  |  | - |  |  |  | - |
Subtotals |  |  | 231,244 |  |  |  | 145,740 |  |  |  | 190,856 |
Tax for rejected expenses (Article No21) |  |  | 210 |  |  |  | 1,354 |  |  |  | 927 |
Other |  |  | (9,790 | ) |  |  | (4,561 | ) |  |  | (16,709 | )
Net charges for income tax expense |  |  | 221,664 |  |  |  | 142,533 |  |  |  | 175,074 |
Schedule of effective tax rate reconciliation |
|  | For the year ended, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
|  | Tax rate |  |  | Amount |  |  | Tax rate |  |  | Amount |  |  | Tax rate |  |  | Amount |
|  | % |  |  | MCh$ |  |  | % |  |  | MCh$ |  |  | % |  |  | MCh$ |
Tax calculated over profit before tax |  |  | 27.00 |  |  |  | 290,005 |  |  |  | 27.00 |  |  |  | 187,721 |  |  |  | 27.00 |  |  |  | 214,566 |
Price level restatement for tax purposes (1) |  |  | (7.56 | ) |  |  | (81,235 | ) |  |  | (6.15 | ) |  |  | (42,730 | ) |  |  | (6.33 | ) |  |  | (50,297 | )
Single penalty tax (rejected expenses) |  |  | (0.01 | ) |  |  | 210 |  |  |  | 0.19 |  |  |  | 1,354 |  |  |  | 0.12 |  |  |  | 927 |
Other |  |  | 0.00 |  |  |  | 12,684 |  |  |  | (0.55 | ) |  |  | (3,812 | ) |  |  | 1.24 |  |  |  | 9,878 |
Effective tax rates and expenses for income tax |  |  | 19.43 |  |  |  | 221,664 |  |  |  | 20.50 |  |  |  | 142,533 |  |  |  | 22.03 |  |  |  | 175,074 |
Schedule of effect of deferred taxes on comprehensive income |
|  | As of December 31, |
|  | 2021 |  |  | 2020 |
|  | MCh$ |  |  | MCh$ |
Deferred tax assets |  |  |  |  |  |
Debt instruments at FVOCI |  |  | 33,489 |  |  |  | 14,907 |
Cash flow hedges |  |  | 100,867 |  |  |  | 36,927 |
Total deferred tax assets recognized through other comprehensive income |  |  | 134,356 |  |  |  | 51,834 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Debt instruments at FVOCI |  |  | (1,839 | ) |  |  | (42,371 | )
Cash flow hedges |  |  | - |  |  |  | - |
Total deferred tax liabilities recognized through other comprehensive income |  |  | (398 | ) |  |  | (42,371 | )
Net deferred tax balances in equity |  |  | 132,517 |  |  |  | 9,463 |
Deferred taxes in equity attributable to shareholders of the Bank |  |  | 132,724 |  |  |  | 9,776 |
Deferred tax in equity attributable to non-controlling interests |  |  | (207 | ) |  |  | (313 | )
Schedule of effect of deferred taxes on income |
|  | As of December 31, |
|  | 2021 |  |  | 2020 |
|  | MCh$ |  |  | MCh$ |
Deferred tax assets |  |  |  |  |  |
Interests and adjustments |  |  | 9,815 |  |  |  | 8,166 |
Extraordinary charge-offs |  |  | 12,687 |  |  |  | 17,705 |
Assets received in lieu of payment |  |  | 2,843 |  |  |  | 1,425 |
Exchange rate adjustments |  |  | 16,611 |  |  |  | 89 |
Property, plant and equipment valuation |  |  | 1,545 |  |  |  | - |
Allowance for loan losses |  |  | 329,028 |  |  |  | 238,670 |
Provision for expenses |  |  | 83,174 |  |  |  | 101,321 |
Leased assets |  |  | 107,564 |  |  |  | 89,458 |
Subsidiaries tax losses |  |  | 12,757 |  |  |  | 7,394 |
Right of use assets |  |  | 516 |  |  |  | 428 |
Total deferred tax assets |  |  | 576,540 |  |  |  | 464,656 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Valuation of investments |  |  | (151,062 | ) |  |  | (19,967 | )
Fixed assets valuation |  |  | (2,001 | ) |  |  | (7,394 | )
Prepaid expenses |  |  | (18,895 | ) |  |  | (16,691 | )
Valuation provision |  |  | (8,228 | ) |  |  | (5,775 | )
Derivatives |  |  | (245,517 | ) |  |  | (37,265 | )
Exchange rate adjustments |  |  | - |  |  |  | - |
Other |  |  | (113 | ) |  |  | (30 | )
Total deferred tax liabilities |  |  | (425,816 | ) |  |  | (87,122 | )
Schedule of deferred tax assets and liabilities |
|  | As of December 31, |
|  | 2021 |  |  | 2020 |
|  | MCh$ |  |  | MCh$ |
Deferred tax assets |  |  |  |  |  |
Recognized through other comprehensive income |  |  | 134,356 |  |  |  | 51,834 |
Recognized through profit or loss |  |  | 576,540 |  |  |  | 464,656 |
Total deferred tax assets |  |  | 710,896 |  |  |  | 516,490 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Recognized through other comprehensive income |  |  | (1,839 | ) |  |  | (42,371 | )
Recognized through profit or loss |  |  | (425,816 | ) |  |  | (87,122 | )
Total deferred tax liabilities |  |  | (427,655 | ) |  |  | (129,493 | )

X
- References No definition available. + Details
Name: | bsac_CurrentandDeferredTaxesTablesLineItems
Namespace Prefix: | bsac_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for current taxes payable recoverable. + References No definition available. + Details
Name: | bsac_ScheduleOfCurrentTaxPayableRecoverableExplanatoryTableTextBlock
Namespace Prefix: | bsac_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure deferred tax assets and liabilities. + References No definition available. + Details
Name: | bsac_ScheduleOfDeferredTaxesAssetAndLiabilitiesExplanatoryTableTextBlock
Namespace Prefix: | bsac_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure effect of deferred taxes on comprehensive income. + References No definition available. + Details
Name: | bsac_ScheduleOfDeferredTaxesOnComprehensiveIncomeExplanatoryTableTextBlock
Namespace Prefix: | bsac_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure effect of deferred taxes on income. + References No definition available. + Details
Name: | bsac_ScheduleOfDeferredTaxesOnIncomeExplanatoryTableTextBlock
Namespace Prefix: | bsac_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure effective tax rate reconciliation. + References No definition available. + Details
Name: | bsac_ScheduleOfEffectiveTaxRateReconciliationExplanatoryTableTextBlock
Namespace Prefix: | bsac_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure effect on income tax expenses. + References No definition available. + Details
Name: | bsac_ScheduleOfIncomeTaxPayableExpenseExplanatoryTableTextBlock
Namespace Prefix: | bsac_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration