Chilean tax authority registers 25 online betting sites for VAT payment
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Chile's Internal Revenue Service (SII) has registered 25 online betting websites for Value Added Tax (IVA) payment.
- This follows the SII's alert that no companies had initially complied with the new digital tax resolution.
- Payment of the 19% IVA will now be the responsibility of the payment service providers, such as Webpay and banks.
Chile's tax authority, the Servicio de Impuestos Internos (SII), has successfully registered 25 online betting websites for the payment of digital Value Added Tax (IVA). This comes after an initial alert on Monday indicated that no foreign-based betting companies operating in Chile had complied with the new resolution.
By Wednesday afternoon, the SII announced that 25 web addresses, belonging to 19 companies, were added to its database for IVA payment. The tax agency also identified other betting sites operating in the country that have not registered and will be subject to oversight through third-party payment services.
The new resolution, Nยฐ 94, designates payment platform operators as responsible for withholding the 19% IVA on each transaction and remitting it monthly to the treasury. This means platforms like Webpay, banks, and commercial credit card providers will handle the tax collection for bettors.
Among the registered platforms are Betsala B.V. (betsala, playsala), W&C N.V. (latamwin, winchile, pokerenchile), and Ingus Bridge Corp (juegaenlineachile). Other identified sites operating without registration include bet365, stars, 1win.com, and pokerstars.
Originally published by Cooperativa in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.