Chile Considering Measures to Support National Reconstruction and Economic Recovery, Including Tax Rate Cuts

The Chilean Chamber of Deputies is considering a draft bill submitted on 22 April 2026 that contains measures to support national reconstruction and economic recovery. Key measures of the bill include:

• A reduction in the corporate (first category) tax rate under the general regime from 27% to 25.5% in 2027, 24% in 2028, and 23% from 2029;
• A reduction in the corporate (first category) tax rate for qualifying SMEs under the Pro Pyme regime from 25% to 23% (note that temporary reduced rates fi…