Legislation<\/strong> \u00b7 Decree Law No. 825 of 1974, article 27 bis, with the special prior audit under articles 80 et seq. The reduction to two periods and 20 days was introduced by Law No. 21,210; Law No. 21,713 broadened the criminal offence in article 97 No. 4 of the Tax Code as from 1 November 2024.<\/p>\n\n\nVerified as at 2 September 2026.<\/p>\n\n<\/div>\n\n\n
What it actually allows<\/a><\/li>Two periods, not six<\/a><\/li>Which purchases qualify<\/a><\/li>How to claim it<\/a><\/li>The small print: the repayment obligation<\/a><\/li>What they will ask you for<\/a><\/li>A risk worth naming<\/a><\/li>How we help at C&C<\/a><\/li><\/ol>What it actually allows<\/h2> The taxpayer may choose one of two routes for the accumulated credit, duly adjusted for inflation: offset it<\/strong> against any kind of federal tax \u2014including withholding taxes\u2014 and against the duties, fees and other charges collected through Customs; or ask the General Treasury to refund it in cash<\/strong>.<\/p>They are alternatives, not cumulative. And there is a warning worth understanding from day one: Article 27 bis is not a benefit, it is an advance<\/strong>. What the Treasury refunds is paid back later. We will come back to this, because it is where the expensive mistakes are made.<\/p>Two periods, not six<\/h2> Until 2020 the credit had to accumulate over at least six consecutive tax periods. Law 21,210 reduced that to two consecutive periods<\/strong>, in force since 1 June 2020.<\/p>Rule<\/th> Hasta el 31-05-2020<\/th> Desde el 01-06-2020<\/th><\/tr><\/thead> Per\u00edodos de acumulaci\u00f3n exigidos<\/td> 6 consecutivos<\/td> 2 consecutivos<\/strong><\/td><\/tr>Plazo del SII para pronunciarse<\/td> 60 d\u00edas<\/td> 20 days<\/strong><\/td><\/tr>Resoluci\u00f3n que fija el procedimiento<\/td> Res. Ex. N\u00b0 617 de 1999<\/td> Res. Ex. N\u00b0 55 de 2021<\/strong><\/td><\/tr><\/tbody><\/table>Cambios introducidos por la Ley N\u00b0 21.210. La Resoluci\u00f3n 617 de 1999 est\u00e1 derogada.<\/figcaption><\/figure>It is worth insisting on this because a lot of out-of-date material is circulating \u2014including documents that still talk about six months, a 60-day deadline for the SII and Exempt Resolution 617 of 1999, now repealed\u2014. If you are appraising an investment with those figures, you are working with rules that have not existed for six years.<\/p>
La misma ley precis\u00f3 adem\u00e1s el tratamiento de los inmuebles.<\/p>
Which purchases qualify<\/h2> Input VAT qualifies when it is borne on:<\/p>
Movable or immovable tangible goods<\/strong> intended to form part of the fixed assets.<\/li>Services that must be included in the cost value<\/strong> of those fixed assets.<\/li>Goods imported under a lease agreement<\/strong>, with or without a purchase option, in respect of the tax paid on importation, where by their nature they correspond to items normally classified as fixed assets.<\/li><\/ul>If in those periods there is input VAT credit from another source \u2014ordinary purchases, operating expenses\u2014, not all of the accumulated credit is refunded: the percentage that the fixed-asset VAT represents within the input VAT credit of those periods is applied to the accumulated total.<\/p>
In construction works, real property is deemed intended for fixed assets from the moment the works, or each of their stages, are accepted by the party that commissioned them<\/strong>. If refunds were obtained during construction, on completion you must evidence the effective recognition as a fixed asset and produce, at the SII\u2019s request, the final acceptance certificate.<\/p>El SII ha ido precisando el alcance en casos concretos:<\/p>Sector<\/th> Criterio del SII<\/th> Pronunciamiento<\/th><\/tr><\/thead> Agr\u00edcola y forestal<\/td> Procede por desembolsos en nuevas plantaciones mientras no entren en producci\u00f3n<\/strong>. Una vez productivas pasan a ser gasto de explotaci\u00f3n y no dan derecho<\/td>Oficio N\u00b0 095 de 2010<\/td><\/tr> Energ\u00eda<\/td> No se exige que la planta est\u00e9 operando: basta contar con la concesi\u00f3n de explotaci\u00f3n, incluyendo lo acumulado en la fase exploratoria<\/td> Oficio N\u00b0 1.486 de 2015<\/td><\/tr> Construcci\u00f3n a suma alzada<\/td> El costo directo del activo fijo es el precio total convenido, sin descomponer servicio por servicio. Criterio de peso en proyectos EPC<\/td> Oficio N\u00b0 2.395 de 2018<\/td><\/tr> Viviendas DFL 2<\/td> El art\u00edculo 27 bis no resulta aplicable<\/strong>, por estar exentas de IVA las rentas de arrendamiento<\/td>Oficio N\u00b0 1.017 de 2024, aclarado por el Oficio N\u00b0 1.452 de 2024<\/td><\/tr><\/tbody><\/table>Jurisprudencia administrativa del SII sobre el alcance del art\u00edculo 27 bis.<\/figcaption><\/figure>How to claim it<\/h2> The procedure in force is set out in SII Exempt Resolution No. 55 of 2021, which repealed Resolution 617 of 1999.<\/p>
The claim is filed with Sworn Statement Form 3280<\/strong>, online at sii.cl (Servicios Online \u2192 Impuestos Mensuales \u2192 Solicitud de Devoluciones). The supporting documents are attached through the electronic file.<\/p>Hito<\/th> Deadline<\/th><\/tr><\/thead> Presentaci\u00f3n de la solicitud<\/td> Dentro del mismo mes en que corresponde presentar el Formulario 29 del \u00faltimo per\u00edodo con acumulaci\u00f3n, y con ese F29 declarado y pagado<\/td><\/tr> Verificaci\u00f3n y certificaci\u00f3n del SII<\/td> 20 d\u00edas.<\/strong> Si no se pronuncia, la solicitud se entiende aprobada<\/td><\/tr>Pago de Tesorer\u00eda<\/td> 5 d\u00edas h\u00e1biles<\/strong> desde que se le presenta la copia timbrada<\/td><\/tr><\/tbody><\/table>Fuente: art\u00edculo 27 bis del DL 825 y Resoluci\u00f3n Exenta SII N\u00b0 55 de 2021.<\/figcaption><\/figure>Here is the practical detail that most distorts the client\u2019s expectation: that period does not start running on filing, but when the SII certifies that the whole file has been submitted<\/strong>. An incomplete file speeds up nothing; it simply leaves the clock stopped. Preparation beforehand is worth more than chasing afterwards.<\/p>Como el plazo se cuenta desde el Formulario 29 del \u00faltimo per\u00edodo con acumulaci\u00f3n, conviene tener ese formulario ordenado antes de iniciar el tr\u00e1mite. Puedes revisarlo con nuestro simulador del Formulario 29<\/a>.<\/p>It works in the taxpayer\u2019s favour that these refunds are expressly excluded<\/strong> from the prior special audit procedure under article 80 et seq. of Decree Law 825, which does apply to exporter VAT refunds.<\/p>The small print: the repayment obligation<\/h2> Once the refund is obtained, the obligation to pay it back arises. As a general rule, through the actual VAT payments the company makes to the Treasury on its ordinary transactions, from the following month onwards.<\/p>
The problem arises with exempt or non-taxable transactions<\/strong>exempt or non-taxable transactions. If the company has any in any of the following periods, an additional repayment<\/strong>is triggered: the article 14 rate \u2014currently 19%\u2014 is applied to the difference between the month\u2019s total transactions weighted by the proportion of taxable transactions used when the fixed-asset input VAT credit was determined, and the month\u2019s taxable transactions.<\/p>This obligation has no time limit in years<\/strong>: it lasts until an amount equivalent to the refund obtained has actually been paid into the public purse.<\/p>Destino del inmueble<\/th> \u00bfHecho gravado?<\/th> Efecto sobre la restituci\u00f3n<\/th><\/tr><\/thead> Arriendo furnished<\/strong> o con instalaciones<\/td>Yes<\/td> Genera d\u00e9bito y permite consumir la devoluci\u00f3n<\/td><\/tr> Arriendo unfurnished<\/strong><\/td>No<\/td> Gatilla la restituci\u00f3n adicional<\/td><\/tr> Vivienda econ\u00f3mica acogida al DFL 2<\/strong><\/td>Exenta<\/td> El art\u00edculo 27 bis no resulta aplicable<\/strong><\/td><\/tr><\/tbody><\/table>Fuente: art\u00edculo 27 bis del DL 825; Oficios SII N\u00b0 1.017 y N\u00b0 1.452 de 2024.<\/figcaption><\/figure>Projecting the repayment flow before claiming the refund is not a refinement: it is the difference between financial relief and a liability that follows the company for decades.<\/p>
What they will ask you for<\/h2> The typical file includes fixed-asset invoices and credit and debit notes; the import declaration and proof of payment of import VAT; a spreadsheet breakdown; the General Journal; the Fixed Asset Subsidiary Ledger<\/strong>; an eight-column trial balance or a general balance sheet; the signed contracts; and sector authorisation certificates where applicable. For real property, the property tax roll number and the final acceptance certificate.<\/p>The claim cannot be filed if, for the same period, an exporter VAT refund claim or a change of taxable party is in place.<\/p>
A risk worth naming<\/h2> Article 27 bis itself refers to article 97 No. 4, second and third paragraphs, of the Tax Code to punish wilful schemes aimed at obtaining improper offsets or refunds. Law 21,713 broadened that criminal offence from 1 November 2024: today it is enough to use any fraudulent manoeuvre<\/strong> to obtain refunds that are not due, with custodial sentences and a fine of between 100% and 400% of the amount defrauded.<\/p>And failure to return amounts offset or received in excess that does not amount to fraud is punished as late payment of taxes subject to withholding or surcharge, with inflation adjustments, interest and fines.<\/p>
How we help at C&C<\/h2> We assess whether your company qualifies, we calculate the recoverable amount and the apportionment, we project the repayment flow so you know what you are committing to, and we prepare and manage the claim before the SII. It is part of our tax-compliance<\/a>.<\/p>Would you like a quick estimate before we talk?<\/strong> In our home page<\/a> we have a calculator that estimates the recoverable VAT on your fixed-asset investment in a few seconds.<\/p>Keep reading: selling a property and income tax<\/a>.<\/p>