- Chilean Internal Revenue Service issued Circular No. 39 on April 30
- Clarifies amendments under Law No. 21,713/2024 to the Law on Sales and Services Tax
- Addresses VAT treatment of sales of movable property located abroad but treated as located in Chile
- Establishes a simplified mechanism for taxing international B2C sales of low-value goods under US$500
- Adds digital intermediation platforms as new VAT taxpayers with full VAT liability
- Outlines responsibilities of digital intermediation platform operators
- Establishes a simplified taxation regime for taxpayers without domicile or residence in Chile
- Introduces a VAT exemption on imports for specified persons if tax was collected by the remote seller or digital platform
- Amendments take effect on October 25
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.
