- Chile’s Senate approved the Tax Compliance Bill on 24 September 2024
- Key modifications include increasing the maximum value of non-commercial imported goods eligible for duty and VAT exemption
- Operators of digital intermediation platforms will be considered regular VAT taxpayers
- New options for repatriating assets and goods from abroad at a rate of 12% will be introduced
- The bill requires review by the Constitutional Court and presidential approval to become law.
Source: regfollower.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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