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 payment act as VAT with holders, which must be established by means of a well-founded resolution. Thus, on May 13th, 2022, the SII issued Exempt Resolution number 46, which establishes a change to the total VAT subject for the services covered by Circular 42. Its objective is to avoid tax damage due to the fact that there may be digital service providers without...

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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 expressly stated in...

Chile’s Baraona Fischer splits into two new firms.

Chile’s Baraona Fischer splits into two new firms.

Chilean law firm Baraona Fischer has split to form two separate firms, Fischer & Cia., and Baraona Marshall & Cia. The majority of the staff of the former firm have integrated Fischer & Cia., a firm focused on tax, and which is made up of partners Carolina...

Alex Fischer ventures the future of Fischer & Cía.

Alex Fischer ventures the future of Fischer & Cía.

In an interview with Diario Financiero newspaper, Alex Fischer comments that the key to for the new law firm is horizontality, teamwork, diversity, merit and creating space for professional development. Full Article: Diario Financiero

Gerardo Cruzat joins the Fischer & Cía team.

Gerardo Cruzat joins the Fischer & Cía team.

With an outstanding career in the corporate and business legal world, both in Chile and abroad, Gerardo Cruzat joins Fischer & Cía. to lead the Transactions area. Fischer & Cía. consolidates the trajectory, experience, and recognition of its partners -Carolina...

Alex Fischer at the 2021 tax system proposal team

Alex Fischer at the 2021 tax system proposal team

Our tax practice leader is part of the experts who is elaborating  a new tax system proposal since mid-2020. Lawyers, academics and professionals from national and international associations participate in this panel, who in groups analyze and develop 16 topics that will be...

Best Law Firm of the Year for the third consecutive year

Best Law Firm of the Year for the third consecutive year

Proud and grateful for the results published in the 2021 edition of Best Lawyers, where the votes awarded us, for the third time in a row, the distinction of Best Law Firm of the Year in Tax practice. Likewise, several of our lawyers were recognized: Carolina Collantes in Taxes...

Welcome to Fischer y Cía.

Welcome to Fischer y Cía.

Starting today, January 15th, 2021, we welcome you to Fischer y Cía. Your usual legal and tax team now is Fischer y Cía. We start in 2021 organized under a new name but backed by the trajectory and experience of a consolidated work team. We are excited about the opportunity to...