Transfer Pricing in Chile
In Chile, since September 2013, it is the taxpayer who must prove that its transactions with related parties abroad were made at market value, through the 1907 affidavit, which every year must be submitted to the Internal Revenue Service – IRS on the last working day of June.
From that moment on, we started activities in that country, working with our consulting firm Vargas Alencastre & Asociados SpA, located in Providencia, Santiago.
At present we have managed to expand to 19 countries, we work throughout the year – 24/7, backed by a large team of work with multidisciplinary professionals, having the direct membership of international databases such as One Source – Thompson Reuters, Veritrade, Royalty Range and our applications created to reduce the execution times of the operational work and thus achieve more efficiency and optimal quality in the deliverables that we issue to our customers; this coupled with the creation of our App that allows our users to have real-time control of the progress of the work, which leads us to affirm that this represents our strength in this highly specialized service, which is constantly renewed and innovated.
Today we are a global firm specialized in Transfer Pricing whose experience absorbed in each country allows us to understand the environment and needs of all types of companies, regardless of the field, sector or the country in which they are located, generating excellent results at the corporate and economic group level.