VATupdate

Chile Says VAT Evasion Reached 25.2 Percent Last Year

Value-added tax (VAT) evasion in Chile reached about USD7.3bn last year, accounting for 25.2 percent of potential VAT revenue, according to a study conducted by the Internal Revenue Service (SII).

via Chile Says VAT Evasion Reached 25.2 Percent Last Year.

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