RT2022: Alex Fischer boosts a long-lasting fiscal covenant

RT2022: Alex Fischer boosts a long-lasting fiscal covenant

In today´s seminar, organized by Addwise, Alex Fischer highlighted the importance of Chile demonstrating structural tax stability. “Each government has presented its own tax reform, with emphasis on its government plan, and this has led to a change in the basic rules every four years. The tax system of a country cannot be circumstantial, we must be able to reach a macro agreement that gives stability to the country”. Likewise, in the face of this reform and the political changes that have taken place in recent years, he pointed out that he advises to his clients to keep calm, since the Government has shown signs of rapprochement on the most...

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Main focuses of the Tax Reform

Main focuses of the Tax Reform

Today the Executive informed the guidelines of the first part of the Tax Reform. In order to support the understanding and debate around the project, Fischer y Cía. has developed the web page www.reformatributaria2022.cl, which will be constantly updated. There you will find...

Alex Fischer analyzes the tax system under the new Constitution

Alex Fischer analyzes the tax system under the new Constitution

According to our partner, in the proposal for the new Constitution, taxes sacrifice efficiency to meet specific objectives of economic policy, ceasing to be a promotion tool. Likewise, he ensures that it is based on concepts that lack doctrinal or jurisprudential basis, which creates a great margin of interpretative discretion that will generate uncertainty for at least a few years.

Fintech Law project amendments

Fintech Law project amendments

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 following can...

Issuers of means of payment: Change of VAT subject

Issuers of means of payment: Change of VAT subject

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 means of...

New Migration Decree

New Migration Decree

On May 14, the Home Office issued Decree 177, which establishes migratory subcategories of temporary residence (“New Migration Decree”). The majority of migration permits must be processed from abroad, and there are requirements established for each migratory category. This is...