Chile Adds E-Receipts Rules to Anti-Tax Evasion Arsenal

Chilean companies will soon have to begin issuing electronic receipts and sending them to the tax authority within one hour, according to new regulations.

The new requirement, codified in regulations released by the tax authority on Thursday, aims to encourage digitalization of the tax system and improve compliance with Chile’s 19% value-added tax on goods and services. The government estimates the measure will raise an additional $934 million annually from 2025.

• The requirement applies to all taxpayers that pay corporate income tax.
• Businesses that already issue electronic invoices must comply by September 1 this ...