As of September 2nd 2022, a Single Tax (IU) of 10% began to be applied on the highest value obtained in the sale of shares and mutual funds with presence in the stock market, according to the new article 107 of the Income Tax Law Income (LIR) (See our article...
Until last September 1st, there was a tax exemption for income obtained from the sale of shares and quotas of mutual and investment funds with a stock market presence (article 107 of the LIR). This consisted of classifying them as non-income income, that is, they were...
Last Thursday, June 9th, the Ministry of Finance submitted different instructions to the Senate regarding the Fintech Law project. Its objective is to make clarifications to the project in parliamentary process in the Senate’s finance commission, among which the...
Circular 42 of June 2020 issued by the Chilean Internal Revenue Service (“SII”) instructs on the VAT taxable event established in letter n) of article 8 of the Sales and Services Tax Law (“LIVS”) and states its power to apply a change of subject so that the issuers of...
In October 2021, the Electronic Compensation Book (hereinafter, “LRE”) became a mandatory monthly record on the platform enabled by the Labor Directorate (hereinafter, “DT”) for all employers with five or more workers, replacing the obligation...
