corporate tax rate

Chile’s Chamber of Deputies passed most of President Kast’s tax reform, which includes a gradual reduction of the corporate tax rate from 27% to 23% by 2029 and exemptions for first homes of people over 65 from municipal property tax. Foreign residents’ three-year foreign-income tax rules remain unchanged.

Chile’s Congress approved nearly all remaining changes to President José Antonio Kast’s tax and economic overhaul package, aiming to stimulate growth through corporate tax cuts, housing tax exemptions, and private sector incentives. The bill awaits resolution on a minor municipal compensation issue before becoming law.

Chile’s Congress approved most changes to President José Antonio Kast’s tax and economic overhaul package, aiming to stimulate growth amid a shrinking economy and rising unemployment. The legislation includes corporate tax cuts, exemptions for new homes, and measures to support private sector investment, with a final legislative hurdle remaining.

Chile's Congress approved nearly all provisions of President José Antonio Kast's tax and economic overhaul package, aiming to stimulate growth through corporate tax cuts, housing VAT exemptions, and private sector incentives. The legislation faces opposition criticism for favoring corporations and wealthy citizens, with one remaining issue pending resolution.

Chile's Congress approved most of President José Antonio Kast's economic overhaul, including corporate tax cuts and measures to stimulate growth, with one remaining legislative adjustment pending. The bill aims to boost private sector activity and reduce the fiscal deficit but faces opposition claims of favoring wealthy citizens.

The Dominican Republic has proposed a fiscal plan to Congress that would raise the top corporate tax rate to 30% for its largest companies, following a failed reform attempt two years ago. The plan targets the country's biggest firms for increased taxation.