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CHILE: Reports Suggest Finance Minister Marcel Ponders Reducing Corporation Tax

CHILE
BulletEM BulletEmerging Market News
  • Chile: "Minister Marcel opens the door to reducing corporate tax to 24%" (El Mostrador)
  • Finance Minister Mario Marcel has left open the possibility of reducing the first-category income tax from the current 27% to 24%, in line with the requests of business associations such as the Confederation of Production and Commerce (CPC) and the Society for Manufacturing Development (Sofofa).
  • During an interview with CNN Chile, Marcel explained that the reference for this reduction is the median of the countries of the Organization for Economic Cooperation and Development (OECD), which is 24%. However, he stressed that this figure is only a reference point and that any adjustment must be accompanied by fiscal compensation measures.
  • Full article here: https://www.elmostrador.cl/mercados/2025/02/04/ministro-marcel-abre-la-puerta-a-reducir-el-impuesto-corporativo-a-24/

 

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  • Chile: "Minister Marcel opens the door to reducing corporate tax to 24%" (El Mostrador)
  • Finance Minister Mario Marcel has left open the possibility of reducing the first-category income tax from the current 27% to 24%, in line with the requests of business associations such as the Confederation of Production and Commerce (CPC) and the Society for Manufacturing Development (Sofofa).
  • During an interview with CNN Chile, Marcel explained that the reference for this reduction is the median of the countries of the Organization for Economic Cooperation and Development (OECD), which is 24%. However, he stressed that this figure is only a reference point and that any adjustment must be accompanied by fiscal compensation measures.
  • Full article here: https://www.elmostrador.cl/mercados/2025/02/04/ministro-marcel-abre-la-puerta-a-reducir-el-impuesto-corporativo-a-24/