Rodrigo Winter Salgado of PwC Chile reports on the submission of an ambitious tax reform bill to the Chilean Congress that proposes the creation of a tax on retained taxable profits.
A new bill proposes a reduction in foreign tax credit from 35% to 27%, which will reduce the incentives to use Chile as a platform, as Rodrigo Winter Salgado of PwC Chile explains.
Some technical assistance and professional services will be subject to VAT from January 2023, due to a law reducing certain tax exemptions, as Rodrigo Winter Salgado of PwC Chile explains.
