Approval of the Bill by the House of Representatives (third constitutional stage)
The House of Representatives approves the amendments to the Bill. made by the Senate, with the exception of matters relating to taxes on polluting...
Amendments »
Approval of the Bill by the Senate (second constitutional stage)
The Senate votes on the Bill and approves it with minor amendments. After that, the Bill goes to the third constitutional stage in the House of...
Senate Finance Committee Report
The Senate Finance Committee issues its report on the Tax Modernization Bill (the “Bill”). Through this report, the Commission approves...
Amendments to the tax system
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Regulation for financial operations
The use of the “market maker” to access the exemption on capital gains made on the sale of shares and quotas is restricted. Its use is...
Other regulations
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General anti-avoidance rule (“GAAR”)
The modifications proposed in the Tax Modernization Project are eliminated, maintaining the current GAAR rule...
Instant depreciation
On physical fixed assets Extends the period of acquisition of assets that will be subject to the benefit of instant depreciation, including assets...
Special Programs
Capital repatriation The incorporation of a new special period for the declaration of goods and income abroad that, having been subject to taxes in...
Taxation on individuals
A new 40% rate bracket is created which will tax income exceeding the following amounts: Labor Income Tax, monthly income over 310 UTM (approx. USD...
