Dear Participants,
We would like to inform you that Sociedad Soquimich Comercial S.A. (SOQUICOM) will pay an eventual dividend on December 20, for which we have made available, for those shareholders that wish to make use of it, a procedure to pay the Substitutive Tax for Final Taxes (this is, a global, supplementary or additional global tax for the accumulated profits in the Taxable Profits Funds ("ISFUT") considered in provisional article 25 of Law 21 210 and the instructions provided by the Internal Revenue Service (SII).
In accordance with provisional article 25 of Law 21 210 and the instructions of the Internal Revenue Service, the taxpayers subject to the first category tax determined based on full accounting records, that keep at the end of fiscal years 2020 or 2021 a balance of accumulated taxable profits generated until December 31, 2016, may choose to pay the ISFUT with a 30% rate, on the part of or the entire balance, with a deduction as credit of the corresponding first category tax.
The payment of the ISFUT, based on the above, allows to consider the payment of the supplementary or additional global tax as completed, as appropriate and may be distributed by SOQUICOM, giving preference to other profits and without being subject to the general orders of allocations considered in the Tax Income Law.
Those shareholders that keep their shares in custody at a brokerage firm or a custodian bank must request them to send the ISFUT Payment Instruction Form to the Corporation, as per the instructions provided in the form.
Due to the above, these instructions must be completed according to the attached instructions and sent to the following email address:
Download the Instructions Form
for the ISFUT payment option - SOQUICOM
Information on the Substitutive Tax for Final Taxes
for the accumulated profits in the
SOQUICOM taxable profits fund ("ISFUT")
This Newsletter is for information purposes only,
and any decisions are the sole responsibility of the shareholders.
For more information, please contact
the Shareholders Service Department.