Jorge Quiroz
Image generated by AI
Government details gradual corporate tax cut to 23%
Reported by AI Image generated by AI
José Antonio Kast's government will present a miscellaneous bill on Wednesday with over 40 measures, including a phased corporate tax cut from 27% to 23% between 2028 and 2030. The reduction will occur over three years: 1.5 points the first year, 1.5 the second, and 1 the third. Finance Minister Jorge Quiroz defended the measure as a boost to investment and employment.