Chile: Summary of tax developments (September 2020)

Chile: Summary of tax developments (September 2020)

The KPMG member firm in Chile has prepared a report that addresses the following topics:

  • Tax measures for economic reactivation
  • Treatment of expenses after legislative amendments
  • The SSI (tax authority) form and rules for an annual sworn statement on withdrawals, remittances and / or distributed dividends and credits
  • Affidavits of taxpayers under the transparency regime
  • Affidavits on distributed dividends and credits corresponding to shares
  • SII instructions on value added tax (VAT) exemptions on the import of capital goods
  • Late issuance of a single exit declaration
  • Application of stamp tax on bond issuances
  • VAT on rental of furnished properties
  • VAT on the sale of a fixed asset
  • Proof of expenses through digital images of payment or disbursement vouchers
  • Deduction of interest, issuance of bonds to finance the payment of dividends
  • Return of territorial tax

Read a September 2020 report (Spanish) [PDF 543 KB] prepared by the KPMG member firm in Chile

For more information, contact a tax professional with KPMG’s Americas Center or with the KPMG member firm in Chile:

Alfonso A-Pallete | +1 212 954 3852 |

Rodrigo Stein | +56 2 2997 1412 |

Andres Martinez | +56 2 29971459 |

Alberto Cuevas | +56 2 29971401 |

© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us