Expenses and the Chilean Taxation System
Tax Expenses: What types of expenses does Chile’s IRS allow a company to deduct from its financial profit (gross income)? It is common knowledge that companies must only pay taxes…
Expenses and the Chilean Taxation System
Chile Tax Reform and Foreign Investment : Different Options to Evaluate
Chile Tax Reform and Foreign Investment : Different Options to Evaluate On October 1st, the Chilean Tax Reform entered into force. At its second stage of revision, the Senate included…
ZONA FRANCA – TAKING ADVANTAGE OF IT – THAT IS, DEFERRING THE 19%
ZONA FRANCA – TAKING ADVANTAGE OF IT – THAT IS, DEFERRING THE 19% Companies must pay 19% IVA (VAT or GST) on all imports to Chile. When bringing…
Chile Tax Reform Overview
Chile’s President Michelle Bachelet has sent a major tax reform bill to congress that sets out to raise corporate taxes to finance better education. The goal of the reform is to…
Chilean Bankruptcy Legislation: How it affects international companies?
In March, we outlined changes to the Chilean bankruptcy legislation that will go into effect later this year. These were the first changes since the legislation was lasted visited in…
Opening a Bank Account in Chile: Be Prepared
For most new companies entering Chile, the one thing that is taken for granted is the ease of opening a bank account. In Australia, Canada or the UK, you can…
Chile Tax Reform Overview
Chile Tax Reform Overview Chile’s President Michelle Bachelet has sent a major tax reform bill to congress that sets out to raise corporate taxes to finance better education.…
Chile offers a helping hand for SMEs
Small and medium enterprises (SMEs) are important to almost all economies in the world, but especially to those in developing countries because of their effect on employment and income distribution.…
The Chilean Advantage: Peruvian Tax Law On Services Provided By A Foreign Company
One of the most challenging aspects of providing services abroad is negotiating that country’s tax laws. Doing business in Peru is no exception. The good news. No income tax is…