- The Chilean tax authority clarified that the VAT exemption for professional partnerships does not apply to partnerships where individuals assign their social rights as an asset and do not perform any management for the partnership.
Source: kpmg.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.
Latest Posts in "Chile"
- 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.
- Chile’s Simplified VAT Regime: Registration Procedures and Recent Tax Developments
- Chile’s SII Sets September 2025 Tax Fines and Interest Rates in New Circular
- Clarification on VAT Calculation for Bare Ownership Property Transfer by Tax Administration
