Thursday, 24 May 2012

Proposed tax reform in Chile introduces detailed transfer pricing bill with new compliance requirements

Facing the need for greater funding of public education, a topic that had caused social unrest, on April 30, 2012, President Sebastián Piñera sent to the Parliament a comprehensive bill that introduces major changes to the current Chilean tax system. Among the various changes is the introduction of specific transfer pricing legislation.
Source & more info: PKN