Chile's Chamber of Deputies is considering a draft bill submitted on 20 September 2021 that includes measures that reduce or eliminate certain tax exemptions in order to fund expanded pension benefits. Some of the main measures include:
- The elimination of the income tax exemption on capital gains from the transfer of shares quoted on the stock exchange with the introduction of a 5% single tax on such gains withheld by the acquirer, stockbroker, or securities agent acting on behalf of the se…