- Chile’s tax authority issued Exempt Resolution No. 36 on 15 March, 2024
- The resolution updated requirements for various tax documents that VAT taxpayers must issue
- The new guidelines took effect on 1 July, 2024
- Electronic tax documents must be clearly and explicitly indicated in the “Item Name” or “Product Name” field without abbreviations
- Non-compliance may result in penalties, including possible business closure for up to 20 days and fines ranging from 50% to 500% of the transaction value.
Source: regfollower.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.
