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Chile’s SII says no online betting platform has registered for VAT

Regulation

Chile’s Internal Revenue Service (SII) said no online betting platform had registered to meet the new VAT requirement for foreign gambling services. The SII said enforcement would begin on 15 July, with payment providers responsible for withholding 19% on transactions; the tax base is the amount wagered, less prizes where platforms can substantiate the payouts.

Foreign betting platforms and payment providers face registration, enforcement and VAT withholding obligations in Chile.

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