- Chile’s SII issued new VAT reporting rules for intermediaries, effective July 2026.
- Intermediaries must separately declare settlement invoices and VAT for third-party transactions in Form 29.
- New Line 18 and codes have been added to Form 29 for reporting these details.
- Commissions by intermediaries are still reported under existing codes 502 and 503.
- VAT liability for underlying transactions remains with the principal, not the intermediary.
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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