This article deals with the evolution and financing of the Royal Treasury of Chile in the last colonial decades, through reports prepared by accountants of the Contadurias Mayores of this Capitania and Peru. The results show that the growth of the Chilean treasury was explained both by the good economic performance and by the fiscal measures derived from the reforms undertaken, especially after the adoption of the Ordenanzas de Intendentes (1786-1787). As a consequence, the Chilean royal treasury increased through an ever-increasing collection of direct contributions, in contrast to other Hispanic American spaces where those indirect ones marked the course of the hacienda. Although without dispensing with the regressive fiscal component, as confirmed by the 40 % that the set of taxes that levied the entrenched consumption of "vices" among the chilean population represented from this hacienda, which indicates a deep commodification in household of lower income. (c) 2022 Asociacion Espanola de Historia Economica