Chile President Unveils Plan to Cut Corporate Tax Rate
President Kast proposed cutting Chile's corporate tax rate to 23 percent. The plan includes tax credits and streamlined permits to boost growth and employment.
Xurve View
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Xurve View
President Jose Antonio Kast of Chile has unveiled a comprehensive suite of economic reforms, headlined by a reduction in the corporate tax rate, as part of a broader effort to stimulate national growth and formalize the labor market. The package, comprising 40 distinct measures, focuses on five strategic pillars: enhancing tax competitiveness, strengthening formal employment, streamlining regulatory frameworks, providing legal certainty, and maintaining fiscal discipline.
