Pablo Calderón Torres
Fiscalizador del Servicio de Impuestos Internos
Magíster en Gestión y Planificación Tributaria
Universidad de Santiago de Chile
Contador Público y Auditor
pablocconsultas@gmail.com
The current article analyzes the main elements that a taxpayer must handle with regard to the system established in letter B) of the article 14 of the Law on Income Tax, also known as Regime of partial integration, semi-integrated or partial imputation of credits. This study covers the requirements that taxpayers must comply to enter the regime, whom will be assigned to it by default and their particular characteristics, highlighting the obligation settled by the law to restore a part of the credit due to the First Category Tax paid by the company, which differs substantially from the system in force until December 31st 2016. The article presents exercises that illustrate in which form the owners of firms are taxed and the relevance of the different records created by the Law in order to keep the appropriate control for those incomes pending of taxation with the final taxes and the credits linked to it. The fact that, to be eligible under the scheme for partial imputation of credits, individuals must not comply with any particular requirement, conjointly that it will be the system that shall be used by corporations and partnerships limited by shares, makes that the study on this topic becomes specially relevant.
Keywords:
Income, First Category Tax, Partial Integration, Credits, Final Taxes
Calderón Torres, P. (2016). Regime for partial imputation of credits. Revista De Estudios Tributarios, (16), pág. 11–50. Retrieved from https://rej.uchile.cl/index.php/RET/article/view/44615
