The Chilean tax authority (Servicio de Impuestos Internos - SII) has published Resolution No. 11 of 4 February 2021, which complements Resolution No. 119 of 28 September 2020 regarding the revised reporting requirements for indirect transfers of Chilean assets declared using Form 1921. In particular, Resolution No. 11 clarifies the requirements by amending Resolution No. 119 with the addition of the following, with some adjustments for clarity:
The operations (indirect transfers) referred t…