OrbitaxOrbitax

Chile Confirms Transitional Relief from Reduced First Category Tax Credit on Dividends

|Approved Changes|Chile
Chile

The Chilean tax authority (SII) has published Circular No. 31 of 23 May 2018, which confirms the transition relief provided in respect of dividends paid by taxpayers under the partially integrated regime. Chile has two corporate regimes; the standard attribution regime (AIS regime) and the partially integrated regime (PIS regime). Under the AIS regime, the First Category Tax (FCT) rate is 25% …

Continue Reading