- Chilean Congress approved Tax Compliance Bill introducing new reporting obligations for platform operators and clarifying VAT obligations
- Bill requires platform operators to verify entities offering products or services have initiated activities with tax authority
- Platform operators must report annually to tax authority details of registered entities and those who declared no need to initiate activities
- Bill provides sourcing presumption for all remote services when two out of four criteria are in Chile
- Operator of digital intermediation platform deemed taxpayer for transactions subject to VAT
- Obligation does not apply to sales made by or to VAT-registered taxpayers
- Bill unclear on whether VAT-registered taxpayer status is limited to Chilean businesses or includes non-resident sellers
Source: kpmg.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.
