Chile Tax Reform Clears Congress With a VAT Break for New-Home Buyers

Chile's tax reform, the overhaul known locally as the megarreforma, has cleared Congress and now awaits the president's signature. It lowers the company tax rate in stages toward 23% by the 2029 tax year, and it opens a one-year window in which buyers of a qualifying new-build home are freed from the 19% value-added tax. Promulgation and a Constitutional Court review were still pending as of publication. The post Chile Tax Reform Clears Congress With a VAT Break for New-Home Buyers appeared first on The Rio Times .