oday, in Diario Financiero newspaper, our partner Hernán Fuentes discusses the role of tax advisors: “Our tax system is complex and includes a significant number of ancillary obligations for both businesses and individuals. It is always important to have a tax advisor who facilitates the process, analyzes the information, and reviews all sources of income, whether for individuals or legal entities.”

In addition, Boris León comments on the role of an advisor when dealing with investments outside of Chile: “Over the past year, tax audits related to foreign investments have intensified, making it crucial to correctly report income -both, in Form 22 and in Sworn Statement 1929-. Therefore, having proper advisory services is key to understanding foreign investment bank statements and accurately declaring the corresponding income to avoid future disputes with the Chilean IRS.”

Read the full article in Diario Financiero at this link.