Chile's Internal Revenue Service (SII) has announced the publication of the Law on Compliance with Tax Obligations (Law No. 21.713) in the Official Gazette on 24 October 2024. Some of the main changes are summarized as follows:

Changes to General and Special Anti-Avoidance Rules

The General Anti-Avoidance Rules (GAAR) are amended, including the definition of the existence of avoidance, whi…