Tax News | August 2023

19 Interesting and important tax topics to stay up to date during the month of August 2023

  • New Law No. 21,595 on Economic Crimes
  • New Law No. 21,591 on Mining Royalty
  • Supreme Court accepts an appeal on the merits against the sentence pronounced by the Court of Appeals of Santiago
  • Court of Appeals rules on the admissibility of VAT refunds for excess payments from predecessor companies to the taxpayer
  • Official Letter N°2047: VAT in the transfer of use of a property
  • Official Letter N°2049: Disposal of real estate located in Chile with respect to an owner without domicile or residence in the country
  • Official Letter N°2051: VAT on certain services
  • Official Letter N°2053: Transfer of copyright and related rights for commercialization
  • Official Letter N°2138: Greater value obtained in the sale of real estate acquired partly by succession due to death and partly by tradition
  • Official Letter N°2139: Tax treatment of payments made by a Chilean company to a natural person resident in Spain
  • Official Letter N°2160: VAT on forced sale of property of a debtor company
  • Official Letter N°2183: Bad credit against a foreign company that is dissolved
  • Official Letter No. 2184: Taxation on the sale of an educational property in accordance with No. 2 of the fourth transitory article of Law No. 20,993
  • Official Letter N°2185: Income from related entities, not domiciled or resident in Chile, for purposes of the income limit of the pro-SME regime
  • Official Letter N°2221: Tax treatment of interest paid by a permanent establishment located abroad of a Chilean parent company
  • Official Letter N°2224: Deduction as an expense of a bank debt remission
  • Official Letter N°2225: Authorization to pay inheritance tax with assets from the estate
  • Official Letter N°2227: VAT on contribution of movable property that is part of the fixed assets of a company
  • Official Letter No. 2230: Application of Law No. 20,993 to the disposal of an educational establishment