Chile reduces tax invariability terms; Río Colorado signs 250 taxpayer regularization deals

Chile's government and the Senate's PPD bloc reached an agreement to amend the tax‑invariability provisions of the national reconstruction bill. The fixed tax rate period for investments up to US$100 million will be cut from 25 years to 10 years, with tiered durations of 15 years for projects up to US$350 million and a maximum of 20 years for investments above that level. A permanent 1.5 percentage‑point premium on corporate rates and the existing mining royalty will apply to firms that opt for the regime.

In Argentina, the municipality of Río Colorado continues its “Plan Excepcional de Recuperación del Contribuyente,” which has already formalised 250 agreements with residents to regularise outstanding municipal debts. The scheme, running until 31 August, offers discounts of up to 60 % on accrued interest for lump‑sum payments and flexible installment options, aiming to lower delinquency rates and sustain municipal services and infrastructure projects.