What does Letter No. 24 require Chilean VAT payers to do when receiving taxable services from nonresident providers?

They must issue purchase invoices and declare and pay the VAT to the tax authorities.

What must a taxpayer do if invoices for services from nonresidents are not issued in the tax period when remuneration was paid?

The taxpayer must issue the invoices retroactively.

When was Letter No. 24 issued by the Chilean Internal Revenue Service?

On Jan. 7 (year not specified in the article).

Chile Tax Agency Clarifies Rules on Late Invoices, Deductions for Unrecoverable VAT

Chile: Assessment of the temporary VAT suspension on residential property sales

International Tax Review · 28 days ago

Chile’s new administration announced a proposal to temporarily suspend VAT on residential property sales for one year, aiming to revive a stagnant housing market. The measure could lower final housing prices by 3‑8%, but input VAT on construction costs would become non‑creditable and must be capitalised. Its success hinges on congressional approval and swift implementation.

KPMG’s Taxation of the Digitalized Economy – Latest Developments

KPMG · 29 days ago

KPMG releases its latest installment of the Taxation of the Digitalized Economy series, summarising VAT and indirect tax updates that affect digital platforms and cross‑border services. The update covers new VAT responsibilities in Chile, Significant Economic Presence rules in Côte d’Ivoire, DAC8 crypto and platform reporting progress in the EU, and emerging VAT measures for digital services in Jamaica, South Africa, Kazakhstan, Sweden, Mexico and Poland. These developments are relevant for businesses relying on digital business models, platforms and data‑driven services.

Chile Tax Agency Clarifies VAT Rules for Special Construction Company Credit, Urban Housing Development

Bloomberg Tax · 2 months ago

The Chilean Internal Revenue Service issued Letter No. 285 on Feb. 4, clarifying VAT rules for the special construction company credit (CEEC) and urban housing development. The letter confirms that CEEC can be requested at 32.5% or 16.25% if the development is related to housing, and that construction of social housing under state subsidies is not treated as a general construction contract aimed at housing.

19% Withholding VAT for non-resident sellers and digital platforms

VatCalc · 2 months ago

Chile’s Internal Revenue Service (SII) will shift VAT collection from non‑resident sellers to Chilean financial institutions starting 1 June 2026, imposing a 19 % withholding rate on eligible transactions. The first list of non‑compliant digital VAT taxpayers will be published 15 June 2026, with financial institutions required to file monthly Form 29 and a semiannual report by the last business day of February 2027.

Electronic Invoicing in Chile

Edicom Group · 3 months ago

Chile’s Internal Revenue Service (SII) has issued new resolutions in 2025 that expand electronic invoicing obligations. The updates require digital platform operators to verify seller registrations, mandate electronic receipts for all in‑person sales, and introduce a Delivery Note Registry with detailed transport information. Electronic invoicing has been mandatory since February 1 2018, and the SII continues to enforce validation and acceptance timelines.

Ecuador Introduces 15% VAT on iGaming Services

AffPapa · 8 days ago

Ecuador’s tax authority has announced a 15% VAT on iGaming services, including betting, sports prediction markets, online video games, and digital entertainment platforms. Operators must issue receipts, collect VAT from users, and remit payments to the Servicio de Rentas Internas (SRI), while non‑resident operators using intermediaries face withholding requirements.