- Chilean Tax Agency issued Letter No. 12/2024 clarifying VAT exemption for individual entrepreneurs
- Exemption applies to services provided by independent workers who have predominance over capital or materials used
- Definition of “individual companies” as those established by a natural person for economic or business activity
- Exclusion of services provided through the figure of an individual entrepreneur
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.
