The Chilean tax authority ruled that income arising from dividends or capital gains from the purchase and sale of shares or corporate rights was not subject to value added tax (VAT).
Specifically, the tax authority concluded that such income must be considered in the calculation of the additional VAT refund contemplated by article 27 bis of the VAT law, and therefore is not taxed with VAT.
Source: KPMG
Latest Posts in "Chile"
- Coordinated Effort Recovers Illegal Cigarette Manufacturing Machine, Prevents $16 Billion Tax Evasion
- Chile Exempts Low-Value Imports from VAT When Purchased via Remote Sellers or Online Platforms
- VAT exemption procedures for low-value remote purchases
- Chile Allows Digital Content Creators to Claim US Tax Credit Under New Ruling
- Procedure for Certifying VAT Exemption on Low-Value Imports Under Article 12(b)(18) of Decree Law 825.
