In 2009, Law Nº20,322 was enacted providing the basic grounds in which tax disputes would be resolved through the new "Tax and Custom Duty Courts".

In comparison to other countries, Chile has one of the highest Value-Added Tax (VAT) rates in the LATAM region, which currently sits at 19%.

Chile's president Sebastian Piñera has recently proposed a new tax reform for the country. This tax reform bill hopes to modernise and simplify the tax system in Chile as well as incorporating new rules to promote growth.

Thin capitalisation rules are established to prevent the over-indebtedness of companies who are usually structured in such a way for tax and commercial reasons.

Recently, the Chilean Tax Office has sent several letters reminding taxpayers that starting in 2017, two general tax systems will come into force instead of one, as we know today.

We often find that there is no clear understanding of the definition and extension of the term royalty.

With complex legislation surrounding tax matters for companies in Chile, it is imperative to understand the laws so your business remains compliant.

An important choice that companies funding their Chilean entities need to make is the form in which they do this— by debt or equity.

Chile is well ahead of many of its Latin American neighbours, in digitising its financial reporting systems. But its tax framework needs a thorough understanding to avoid compliance penalties.

Los abogados socios del estudio Molina Ríos explican por qué se necesita una reforma legal, que vaya más allá de lo tributario.

Chile's Congress has approved a groundbreaking tax stability regime that allows foreign investors to lock in their tax burden for up to 20 years on qualifying investments of USD 50 million or more. The new law introduces investment contracts with the Chilean State, mandatory mediation procedures, and arbitration mechanisms for dispute resolution, though several critical aspects await regulatory clarification. How will these provisions interact with existing investment treaties, and what strategies should in

Com uma legislação complexa em relação a assuntos fiscais para empresas no Chile, é imperativo entender as leis para que sua empresa se mantenha em compliance.

El presidente de Chile, Sebastian Piñera, propuso recientemente una nueva reforma tributaria para el país.

In a world where, with every passing day, the digital economy takes on a more important role on a global scale ...

These taxpayers must exercise their option between June to December of 2016, both months included.

La "Foreign Account Tax Compliance Act" (en español, Ley de Cumplimiento Tributario de Cuentas Extranjeras), o FATCA, es una Ley dictada en Estados Unidos, que busca aumentar la recolección...

The tax for Cigars is 52,6% on its consumer sale price, taxes included, of each package, box or envelope, considering every fraction of the tax inferior to a Chilean peso as a whole number.

The general statutory corporate income tax (First Category Tax) rate for Chilean entities including Chilean branches of foreign companies is 17%.

Chile has 32 tax treaties. Additionally, there are two tax treaties subscribed to by Chile which have not yet entered into force.