- The Internal Revenue Service (SII) aims to strengthen the fight against tax evasion, tax crimes, illicit trade, and organized crime by focusing on specific areas outlined in its Tax Compliance Plan 2025
- It will enhance coordination with other regulatory agencies, public bodies, police, and the Public Ministry, and implement specific actions targeting Multinational Business Groups, High Net Worth Individuals, VAT evasion, informality, and Property Tax control
- The SII will continue to strengthen its presence in the field and use technological tools, while also utilizing new powers granted by the Tax Compliance Obligations Law to combat illicit trade, fake invoice issuers and recipients, and organized crime syndicates
- Procedures and actions will be established to facilitate formalization and reduce requirements for starting activities
- The SII’s priorities for 2025 include reducing evasion and avoidance, combating tax crimes, informality, illicit trade, and organized crime syndicates
- The Tax Compliance Management Plan emphasizes the importance of focusing on large business groups, high net worth individuals, VAT evasion, informality, illicit trade, and Property Tax control, as well as collaborating with other regulatory agencies, police, and the Public Ministry to combat organized crime syndicates
- The plan sets annual guidelines and focuses on managing tax compliance, reducing evasion, avoidance, combating tax crimes, and organized crime, and promoting formalization of commercial activities.
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.
