Chile: Updated list of jurisdictions with preferential tax regimes; other direct and indirect tax developments

Summary of recent direct and indirect tax developments

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April 14, 2025

Resolution No. 30/2025 establishes the new list of territories or jurisdictions considered to have a preferential tax regime in accordance with Article 41 H of the Chilean Income Tax Law by Law No. 21,713, effective January 1, 2025.

Bolivia and Vatican City have been added to the list, while Bahamas, Cayman Islands, and Virgin Islands have been removed from the list.

Read an April 2025 report (Spanish and English) prepared by the KPMG member firm in Chile

Other direct and indirect tax-related topics discussed in this report include:

  • Instructions on the general assessment power of the tax authority
  • Presumption of relationship under controlled foreign company (CFC) rules
  • Application of withholding tax and value added tax (VAT) on advertising services provided from abroad
  • Procedure for signing advance pricing agreements (APAs)
  • Application of general anti-abuse rule (GAAR) to operations of a business group
  • Rescission of donations subject to tax benefits
  • Refund of undue charges to ISAPRES affiliates
  • Application of stamp tax (ITE) to perpetual bonds
  • VAT on lease agreements with purchase option for real estate
  • VAT on the auction of goods delivered as collateral (warrants)
  • Request for a reasonable estimation of VAT payable
  • Instructions on amendments to the Tax Code

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