Chile’s tax authority (SII) has released the ninth version of the Catalogue of Tax Schemes on 22 January 2025.
The Catalogue aims to provide clarity to taxpayers on tax compliance for various issues and business models that may impact the Chilean tax system. This also includes cases the SII monitors non-compliance risks such as operations, transactions, or schemes that may indicate potential tax non-compliance and require further analysis under the general anti-avoidance rule.
The ninth catalogue features 92 tax schemes, including seven new ones focused on potentially evasive practices. These schemes involve strategies such as transferring assets between parents and children to circumvent gift tax obligations, business reorganisations designed to erode the tax base and reduce tax payments, and offering professional services through a company to lower the tax burden of a taxpayer.
These cases were uncovered through the SII’s audit processes linked to the General Anti-Avoidance Rule. This has revealed recurring patterns of evasive behaviour and identified specific tax evasion risks.
