Taxes on Sales/Purchases 

Definition

See Taxes on Sales/Purchases, Sales Taxes and Additional Taxes.

• Value-added tax (VAT), which is known as impuesto al valor agregado (IVA)
• Fuel tax (impuesto a los combustibles)
• Stamp tax (impuesto de timbres y estampillas)

When you create a company code using the template for Chile, the system automatically makes all the settings required for these taxes.