Chile’s SII clarifies online betting VAT base and plans platform list
Chile’s Internal Revenue Service said the general VAT base for foreign online betting platforms remains the total wagered, but operators may use their margin if they can substantiate it. The SII also plans a resolution listing platforms subject to a payment-intermediary withholding mechanism; payment providers would withhold 19% VAT on each transaction and remit it monthly.
The interpretation affects how foreign betting platforms calculate VAT and whether payment providers must withhold it.