- The Chilean Internal Revenue Service issued a letter clarifying the taxation of services provided by a Colombian company to a Chilean company.
- The Colombian company issued invoices exempt from VAT.
- The company sought clarification on the tax effects of its activities.
- The Tax Agency clarified that the services would generally be subject to VAT under the Sales and Services Tax Law.
- An additional 35 percent tax rate would apply.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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