2027 Property Reassessment: how will the SII determine property values?
On January 1st, 2027, Chile’s new general reassessment process for non-agricultural real estate will come into effect. This is a periodic procedure carried out by the Chilean Internal Revenue Service (SII, for its initials in Spanish) to update the tax-assessed values of residential, commercial, industrial, and other urban properties, which serve as the basis for […]