A draft bill has reportedly been tabled in the Chilean parliament that would introduce certain tax measures to increase revenue. These include:
- A one-off net wealth tax that would apply for individuals resident in Chile as on 31 December 2020 at a rate of 2.5% on worldwide net wealth (assets) exceeding USD 20 million converted to Chilean pesos, which would be due 60 days after the respective law is published;
- A temporary increase in the corporate (first category) tax rate to 30% for the 2021…