The tax authority published a Letter No. 2625 of 16 October 2019 regarding credit for taxes paid abroad in case of dividends. It means where payment of dividends through a foreign intermediary, a foreign tax credit on the dividends is available conditioning that the foreign intermediary owns at least 10% of the capital of the subsidiary. This letter is available in SII website.
Related Posts
Chile announces 2025 first semester daily late tax interest rate
Chile’s Tax Administration (SII) has issued Resolution Ex. SII 133-2024 on 26 December 2024, establishing the updated daily interest rate for late tax payments in accordance with the Tax Compliance Law (Law No. 21.713). As per this resolution,
Read MoreChile issues draft VAT guidance for nonresident sellers
Chile’s tax authority (SII) has released the draft Circular Letter 300079.2024GE, on 3 December 2024, clarifying VAT sourcing rules for remote services and new VAT obligations for remote sellers of goods to consumers. This follows after Chile
Read MoreChile clarifies luxury goods tax rules
The Chilean Tax Administration (SII) has released new guidance on the recent amendments to the luxury goods tax introduced under Article 5 of Law 21,713-2024. This guidance, outlined in Circular 50-2024, was published and came into effect on 28
Read MoreChile revises VAT registration, payment rules for non-resident service providers
Chile’s tax authority (SII) has recently issued Resolution No. 105 on 30 October 2024 and Resolution No. 107 on 14 November 2024. These resolutions update the previous regulations regarding VAT registration and payment for non-resident
Read MoreChile extends deadlines for tax regularisation, penalty relief
Chile enacted Law No. 21.716 which extends the deadline for the Regularisation Regime for Foreign Assets and Income, allowing taxpayers to regularise undeclared foreign assets and income with a 12% tax, granting amnesty for any civil, criminal, or
Read MoreChile consults luxury goods tax amendments
Chile’s Tax Administration (Servicio de Impuestos Internos, SII) has launched a public consultation regarding a Draft Circular which proposes various amendments to the luxury goods tax. It outlines provisions regarding tax law amendments,
Read More