Chile Tax Law News: Strengthening Compliance and Advancing Transparency

Written by Camila Weinstein, Tax Associate Introduction In a time where fiscal responsibility and economic growth are paramount, the Chilean government has introduced the “Tax Obligations Compliance Bill” (Bulletin 16621-05),…

Written by León Lanis V., Paralegal One of the key aspects of the political agenda of Chile’s President, Gabriel Boric, was implementing huge changes to the taxation system of the…

Written by Camila Weinstein, Tax Lawyer On Wednesday, March 8th, the Chamber of Deputies unexpectedly rejected the Tax Reform Bill proposed by the government of President Gabriel Boric. With 71…

Written by Osvaldo Cabezas, Lawyer With the purpose of adapting the taxation system to OECD standards, on July 1st, 2022, the Chilean government announced a new tax reform, which is…

Written by León Lanis, Paralegal This week, Chilean President Gabriel Boric’s Administration presented to Congress a new bill proposing amendments to the Chilean Income Tax Law (DL 824). The objective…

Written by Ian Cardenas, Paralegal Under the tax exemptions law n°21.420, published in February 2022, it is stipulated that from January 2023, VAT will be levied on all professional services,…