The Chilean tax authority (Servicio de Impuestos Internos - SII) has published Letter Ruling No. 2627 of 18 December, which clarifies the VAT and income tax treatment of services provided by a foreign entity in Chile. In particular, the ruling addresses the supply of services by a Spanish company consisting of the installation of software for wind farms in Chile. The ruling explains that, in general, all supplies of services for remuneration in Chile are subject to VAT. However, an exemption …