What Are Transfer Pricing and Why Does It Matter?

Transfer pricing refers to the rules and methods for pricing transactions between related entities within a multinational group, such as the transfer of goods, services, or intellectual property. These transactions

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Foreign Tax Credits in Case of Negative Net Foreign‑Source Income

On February 4, 2026, the Chilean Internal Revenue Service (hereinafter “SII”) issued Official Ruling No. 286 regarding foreign tax credits in the event that the net foreign‑source income, as defined

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A New Tax Cycle: Between the Modernization of the Tax Code and Fiscal Determination

The country enters a new annual income tax filing season in a context marked by significant changes to the Tax Code. Recent amendments addressing tax avoidance and evasion not only

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Official Notice No. 82 of 2026 – Asset Appraisal Firms in Chile

On January 14, 2026, Chile’s Internal Revenue Service (Servicio de Impuestos Internos, SII) issued Official Notice No. 82 of 2026 addressing asset appraisal firms. The notice responds to a taxpayer’s

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Official Ruling No. 2507 of 2025 – Dissolution and Liquidation of a Foreign-Incorporated Company

The Chilean Internal Revenue Service (SII) issued Official Ruling No. 2507 of 2025, providing clarification regarding the tax treatment applicable to the dissolution and liquidation of companies incorporated abroad that

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