| | This week's tax news from the Americas - Chile proposes tax reform bill with investment implications for foreign investors
On 22 April 2026, the Chilean Government submitted a comprehensive legislative package to Congress, aimed at accelerating economic growth, restoring legal certainty, and fostering domestic and foreign investment. The bill includes a gradual reduction of the corporate income tax rate from 27% to 23% by 2029, temporary incentive regimes and the reintroduction of a tax stability regime for large investments.
- United States and Croatia sign protocol amending income tax treaty
On 28 April 2026, the United States and Croatia signed a protocol (Protocol) amending the income tax treaty (and an accompanying protocol) (Treaty) between the two countries that was signed on 7 December 2022. The Protocol would amend the limitation on benefits, relief from double taxation and non-discrimination articles of the Treaty. The Treaty, together with the Protocol, will be transmitted to the U.S. Senate for advice and consent to ratification. The Treaty and Protocol will enter into force after the United States and Croatia notify each other that their respective ratification procedures are satisfied.
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| | About Americas Tax Roundup Published by NTD's Tax Technical Knowledge Services Group, Washington, D.C.
Jennifer Mannetta, writer and editor Distributed weekly to all Americas Tax personnel. | |
