The Chilean tax authority (Servicio de Impuestos Internos - SII) has published Resolution No. 101 of 31 August 2020, which establishes new Master file and Local file submission requirements that apply from 2020.

The Master file must be submitted using the new Form 1950 by the following taxpayers:

• the parent or controlling entity of an MNE group, which has tax residence in Chile, to the exte…