- VAT applies to goods transferred from abroad to Chile for consideration, effective Oct. 25.
- VAT is collected upon importation if the purchaser is a VAT taxpayer.
- Purchasers must inform foreign sellers or platform operators of their VAT taxpayer status at purchase and declare/pay VAT when goods enter Chile.
- Proof of VAT payment is required to claim VAT credit on imports.
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.
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