The Chilean Ministry of Finance Jan. 15 announced that the Chamber of Deputies approved VAT reform proposals to encourage the formalization of micro-enterprises, and to add anti-avoidance measures. The proposals includes measures to: 1) defer VAT payments for taxpayers initiating activities and registering sales of up to 2,400 account units (UF) in their first two years, by allowing a 100 percent credit for VAT paid during the…
Sourc: bloombergtax.com
Latest Posts in "Chile"
- Chile Proposes VAT Place of Supply Changes for Financial and Wealth Management Services
- Chile Introduces Validation Process for Electronic Tax Documents
- Chile Introduces Annual Reporting for Digital Intermediation Platforms
- Chile Tax Agency Implements Electronic Tax Document Validation for E-Invoicing
- Chile Orders Digital Platforms to Report Users Without Tax Registration
