- Chile’s Tax Administration is consulting on voluntary tax amnesty guidelines for foreign income and assets
- Draft Circular 3042 has been published for public comments until 12 November 2024
- The circular includes provisions on filing returns, qualifying assets, proof of income origin, bringing assets into Chile, valuation rules, requesting information from financial institutions, and reporting procedures
- The guidelines also explain notices, declarations, and consequences of the tax amnesty period’s end.
Source:
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.