Chile's Internal Revenue Service (SII) has published Resolution No. 9 of 16 January 2025, which establishes the procedure for levying and collecting the 2% annual tax on the market price of certain "luxury" goods located in Chile, owned by natural or legal persons, including helicopters, aircraft, yachts, and certain automobiles. The tax is levied on assets owned on 31 December of the previous year, with a notice on the tax due to be issued in the month of April for each taxable asset. The amount of tax due must also be paid in the same month. If a taxpayer owns...