Deputy Finance Minister discusses tax reform with AmCham members

On May 27, the Finance Committee held a roundtable discussion on the tax reform policy. The session was chaired by Karen Poniachik, a director of the board at AmCham, and Alfredo Ergas, advisor to the Chamber.  As an invited guest, and before a select group of AmCham members, the Deputy Finance Minister Alejandro Micco spoke about the objectives and implications of the reform.

Among the participants were a number of US companies with investments in Chile, including MetLife, Aramark, Coca-Cola, Google, Walmart and Principal, among others. The business representatives were able to converse with the Deputy Minister, exchanging opinions and doubts relating to the tax reform.

In addressing the goals and consequences of the reform, Deputy Finance Minister Micco discussed a number of its main aspects, including raising the tax burden by three GDP points, the Taxable Income Fund (FUT), and the implications of the initiative on foreign investment, among other areas.