Daily Tax Report: International

Chile Clinches Key Deal in Tax Overhaul Plan

June 24, 2019, 3:52 PM

The Chilean government reached a deal with opposition lawmakers over its flagship tax legislation, which would reintegrate corporate and personal income taxes and introduce a tax on digital platforms.

Finance Minister Felipe Larrain told journalists in Santiago on June 24 the plan is to have the measure approved at the lower house and sent to the Senate within 30 days. The bill promotes investment, growth and jobs, he said.

Larrain and deputies from the Christian Democrat party agreed June 23 to work together to push the bill through Chile’s lower house. With no majority in either house of...

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