On 29 September 2014, the law enacting Chile's major tax reform was published in the Official Gazette. One of the biggest changes is the introduction of two income tax regimes: a new attribution regime and a alternate semi-integrated regime. The new regimes will apply beginning 2017, and taxpayers will have the option to choose which regime to use. Corporate tax rates will also rise year-on-year until 2018 as follows:
- 2014 - 21%
- 2015 - 22.5%
- 2016 - 24%
- 2017 - 25% for attribution regime and 2…