CHILE

On November 4, the Internal Revenue Service (SII in Spanish) announced that as from November the declaration of tax information related to Value Added Tax will be made automatically in the case of sales transactions carried out by electronic means of payment . In this way, the SII expects to simplify the information uploading process in order to speed up the collection of the tax.

As of November 2021, taxpayers using the Electronic Payment Voucher (CPE in Spanish) will be able to access a more complete VAT Proposal (application through which the tax system recognizes VAT transactions), which will automatically incorporate the information of sales paid by electronic means in October, which previously had to be entered manually in the Register of Purchases and Sales.

It should be noted that the facilitation will benefit more than 300 thousand taxpayers who make their sales through electronic payments (such as credit cards, debit cards or other electronic means) where the voucher is valid as a receipt, information that is provided to the SII from the electronic payment operators.