Chilean government signals upcoming tax reform legislation

The Chilean Chamber of Deputies has approved the core components of the Kast administration's 'Mega-reform' package. However, specific provisions, including property tax exemptions for citizens over 65 and the associated municipal compensation mechanism, have been referred to a mixed committee due to legislative disputes, particularly from the PDG caucus. The government has also signaled plans for a new, separate tax reform, though details remain undisclosed.