- The Chilean Internal Revenue Service (SII) has focused on aggressive taxpayers using fake invoices between 2023 and 2024, preventing undue VAT credit reductions totaling over 440 billion CLP
- Temporary tax key blocks were applied to 27,000 business tax IDs linked to the issuance of ideologically false documents, prompting them to clarify their tax status at SII offices, with only 7% complying
- The SII’s ongoing strategies aim to prevent and detect aggressive tax behaviors, including issuing, selling, or facilitating fake invoices for fictitious transactions
- Data analysis, automatic restrictions on electronic invoice issuance, weekly reviews, and cross-checks of tax declarations are used to monitor and control potential tax fraud
- The goal is to prevent fraud and evasion through the use of fake invoices
- Taxpayers identified with anomalous patterns are restricted from issuing tax documents online and must clarify their situation at SII offices to lift restrictions
- From July to November 2024, a temporary block on tax keys was applied to 27,000 business tax IDs for behaviors related to fake tax documents or improper VAT credit refunds
- Despite the opportunity to clarify their situations, only 7% approached the SII offices
- The Supreme Court supported the SII’s measures in October 2024 by rejecting an economic protection appeal against the institution, affirming the SII’s authority to temporarily suspend tax keys based on indications of tax fraud
Source: 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.
