The minimum amount for which taxpayers must issue tax receipts was reduced from $180 to $1—effective 1 July 2023.
Taxpayers thus must issue tax receipts for all transactions subject to or exempt from value added tax (VAT), regardless of their amount. For transactions with an amount of $0, as a result of the application of discounts or some other condition of sale or provision of service, the tax receipt must be issued informing the amount of the discount applied.
Source: KPMG
Latest Posts in "Chile"
- Chile Implements New VAT Rules for Digital Platforms and Low-Value Imports
- SII Defines Tax Documents Required for Content Creators and Influencers
- Chile Introduces New VAT Rules for Cross-Border E-commerce Low-Value Goods
- New E-Invoicing and Payment Rules for Digital Content Creators Announced by Tax Administration
- Chile Records First Companies Under New E-Commerce VAT Rules
