Fynsa
As established a decade ago by the Tax Reform (2014), the recently published Law No. 21.713 established a new voluntary and extraordinary system of declaration of assets and income abroad, which appear in a situation of tax non-compliance.
In September 2014, Law No. 20.780 materialized the most profound change in the last 40 years regarding taxes in Chile. Today, the issue is back on the table with the Tax Obligations Compliance project, promoted by the Government.
Although the annual tax return is filed in April (and in some cases, the first days of May), the income tax process requires preparation before, during and after for taxpayers, their accounting-tax teams and advisors.
