- Chile’s Internal Revenue Service (SII) published Resolution No. 127 on 23 December 2024
- The resolution lists assets eligible for the 2% luxury tax
- The tax applies to luxury goods owned by individuals or companies in Chile
- Luxury goods include aircraft, helicopters, yachts, and certain cars
- Circular 50-2024 outlines recent amendments to the luxury goods tax
- The amendments went into effect on 28 November 2024
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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