Friday , July 23 2021

Tax reform: entrepreneurs show concern about possible delay in the idea of ​​legislating | economy



Business associations, meeting in the Confederation of Production and Commerce (CPC), expressed concern about the possible delay in voting on the idea of ​​legislating the tax reform project.

Members of the opposition who make up the property commission will try to leave for March this procedure to "get to receive all sectors" while the government remained optimistic because it is approved this month.

Any delay delayed the big deal and warned that if not, would impact growth expectations, as pointed out by CPC president Alfonso Swett.

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In the opposition, some MPs from the Finance Committee proposed that the vote on the idea of ​​legislating be held in March, in the next sessions of the body, to receive all sectors.

The head of the Socialist Party, Manuel Monsalve, added that it is reasonable to postpone the process to the return of the legislative recess.

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The businessmen's concern was exposed this morning to Finance Minister Felipe Larraín at a meeting held at the PCC's headquarters for more than two hours.

Larraín remained optimistic to approve this month the idea of ​​legislating. In addition, in response to a request from the private sector to raise the proposed tax on digital services, they said they would evaluate all ideas.

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What the business community requested is that, in the tax reform, a proposal be 19% tax burden for technology platforms and not just 10%, as the project considers.

This could impact the cost paid by users, according to BDO partner and tax law expert, Rodrigo Benítez.

"It is not that these resources are lost, but we need to see what those resources will invest in," added Benítez.

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At the moment, the initiative – called by the government as "Tax Modernization" simple urgency.

Tomorrow they will present to the Finance Committee, the national director of Internal Tax Services (SII), representatives of Chilealimentos and the Instituto Libertad y Desarrollo.


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