The measures include extending the benefit of the 10% IDPC rate to companies under the pro-SME regime during 2023 and maintaining the rate at 12.5% during 2024.
On May 30, Law No. 21,578 was published, which -among other matters- contains economic measures that affect Small and Medium-Sized Enterprises (SMEs).
In this respect, Article 26 of the law modifies certain aspects of Law No. 21,256, which established tax measures associated with the emergency plan for economic reactivation, among which the following stand out:
I) The transitory decrease of the First Category Tax Rate (IDPC) for SMEs is extended:
- 2024 | 10.0%.
- 2025 | 12.5%.
II) Decrease of 50% of the PPM for SMEs, until 2024.
Finally, Article 27 of the law modifies the provisions of Law No. 21,514, which established the guarantee fund for small and medium-sized entrepreneurs, allowing more flexible payment agreements for taxes owed.
The above, to support the reactivation of the economy until March 31, 2024.
For more information please contact our Tax team:
Álvaro Rosenblut | Partner | arosenblut@az.cl
David Ancelovici | Director Grupo Tributario | dancelovici@az.cl
Pablo Trucco | Associate | ptrucco@az.cl
