- The IRS clarifies when the Ministry of Finance resolution needed for VAT exemption on capital goods imports must be obtained.
- The resolution does not need to be issued before the import is completed.
- The VAT law does not set a specific deadline for obtaining this resolution.
- A resolution obtained after importation still allows the taxpayer to claim the VAT exemption and request a refund of VAT paid, subject to general limitation periods and rules.
Source: www4.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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