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Chilean Tax Authority Clarifies Exemption from Interest Deduction Restriction for Qualifying Financial Entities

|Approved Changes|Chile
Chile

The Chilean tax authority (Servicio de Impuestos Internos - SII) has published Letter Ruling No. 1609 of 14 August 2025, which concerns the exemption from the interest deduction restrictions for qualifying financial entities under Article 41 H of the Income Tax Law. The letter explains that for the exemption to apply, three conditions must be met. First, the entity must be officially recognized…

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