Application of Tax Law on Sales and Services to Affordable Housing Assigned to Individual Companies.

• Confirmation that individual entrepreneurs and legal entities can request the benefit established in article 27 bis of the Sales and Services Tax Law for economic housing acquired for investment
• Benefits of the Decree with the Force of Law N° 2 of 1959 are automatically incorporated into the building permit of economic housing
• Benefits for economic housing can only be accessed by natural persons, up to a maximum of two houses
• Assigning economic housing to an individual’s company does not result in the loss of tax benefits
• If a natural person maintains the benefits of the Decree N° 2 and rental income from economic housing is exempt from VAT, article 27 bis of the Sales and Services Tax Law does not apply
• Legal entities can use the mechanism established in article 27 bis of the Sales and Services Tax Law if they meet the requirements.

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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