On Nov. 21, CHL Tax set instructions for the payment of the sole tax.
CHL LAB issued Circular 49 instructing on voluntary and extraordinary declaration system to pay the sole and substitute in Law 21.713, as modified by Law 21.716.
Highlights
11th transitory Article of Law 21.713 set voluntary and extraordinary declaration of assets or income, not promptly declared or taxed with the corresponding taxes.
This temporary measure aims to protect and strengthen the current tax system.
Allows regularization of the tax situation of assets or income that have been omitted.
The asset or income declaration system is a voluntary declaration by the taxpayer.
Furthermore, its main consequence is the application of a sole and substitute tax.
Effectiveness
Taxpayers may only file the declaration in the 11th transitional Article from Nov. 1, 2024 (the 1st day of the month following the Law publication) until Dec. 31, 2024.
On Nov. 28, 2024 CHL Tax extended deadline until Dec. 31, 2024 to file declarations.
Including Voluntary and extraordinary declaration of assets or income, see #232526.
Nov. 28, 2024 CHL Tax Official Publication
On Nov. 28, 2024, CHL Tax published Circular 49 of 2024 extract in the official gazette.
