In the political committee, the different paths being explored by the Executive were openly discussed. The market believes that increasing the corporate tax rate and the personal tax base will serve as bargaining chips.
Read the full article in Diario Financiero.
The extraordinary political committee held early yesterday at La Moneda lasted two hours, where the Government’s defeat in the Chamber of Deputies was analyzed, after the proposal to legislate on the tax reform was rejected, and the first ideas to reverse the situation began to take shape.
What would not move forward
Javier Jaque, partner at CCL Auditores Consultores, considers it likely that there will be openness to continue processing the reform if the point raised by business associations is accepted, which consider it more appropriate to increase the First Category tax to 30%, instead of raising taxes on wealth.