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SII Releases Revised Study on Tax Compliance Gaps in VAT and Income Tax in Chile

  • SII presented a revised study on tax compliance gaps in VAT and Income Tax.
  • Director Javier Etcheberry highlighted the study’s usefulness in identifying and addressing compliance gaps.
  • The study was presented to the Finance Commission of the Chamber of Deputies.
  • It covers tax compliance gaps for the years 2018 to 2021.
  • The study is based on statistics from the Central Bank’s National Accounts System.
  • Detailed measures and strategies to combat tax evasion and illicit trade were shared.
  • The study aims to estimate compliance gaps in VAT and Income Tax.
  • It identifies non-compliance in specific taxpayer groups and economic activities.
  • The study also examines the impact of the informal economy on tax compliance.
  • Etcheberry emphasized the importance of reducing tax evasion in Chile.

Source: sii.cl

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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