economic

Chamber of Deputies Approves Core of Kast's Megarreforma 85–59, One Article to Comisión Mixta

| Chile

The Chamber of Deputies passed the bulk of President Kast's 'Plan de Reconstrucción Nacional y Desarrollo Económico y Social' in its third constitutional stage, ratifying 27 of 28 contested norms — including the corporate tax cut from 27% to 23% and the 25-year tax-invariability guarantee for large investments — by 85 votes in favor to 59 against. A related article on 25-year tax stability passed 84–61, while a childcare-financing provision was rejected 75–70 and referred to a mixed committee (Comisión Mixta) of deputies and senators for reconciliation before the bill can be enacted, pushing final passage into August. The government held its economic core intact despite opposition attacks on the property-tax relief and capital-repatriation clauses.

Chamber of Deputies clears core of Kast's megarreforma 85-59 — July 21, 2026
Chamber of Deputies clears core of Kast's megarreforma 85-59 — July 21, 2026 — La Tercera