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Chile's Kast Signs Law Cutting Company Tax to 23%

Summary by The Rio Times
Chile's President José Antonio Kast signed a law that cuts the company tax rate to 23% by 2029, a change that matters to US investors in Chilean stocks.

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The law reaches this point almost six months after the president sent it to Congress.

·Guayaquil, Ecuador
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It envisages a reduction of the tax on companies from 27% to 23%, in addition to the VAT exemption for the purchase of new homes for one year.

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El Universo broke the news in Guayaquil, Ecuador on Friday, October 9, 2026.
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