We share our Tax Litigation Director, Patricio Casas’s article published by ITR (International Tax Review) regarding Chile’s new GAAR reform: “The success of this model will be not measured by the number of cases initiaded, but by its ability to deliver consistent and predictable outcomes within a framework that combines broad standards with increasingly sophisticated institutional tools. For that promise to materialise, however, the architecture of the sustainability regime will need to evolve toward a framework that offers taxpayers concrete counterparts in exchange for their participation. Cooperative compliance works when cooperation is rational”.

To read the full article here.