Chile: VAT proposed for digital services

Chile: VAT proposed for digital services

Among the measures in a tax modernization bill is a proposal to impose value added tax (VAT) on digital services.

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This VAT proposal is not affected by an agreement reached by Chile’s government and the main opposition parties on principles for tax measures that would raise tax revenues in response to anti-government demonstrations and strikes affecting Chile for the past three weeks. It is expected that details of these measures will be sent to the Chilean Congress in the following days with legislative consideration and discussion to follow over a 15-day period. Read TaxNewsFlash

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