Chile: Technical Assistance Report—Assessment of Tax Expenditures and Corrective Taxes

IMF Staff Country Reports, November 19, 2020

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Canonical URL: Chile: Technical Assistance Report—Assessment of Tax Expenditures and Corrective Taxes

A remote mission was conducted by a joint team of staff from the International Monetary Fund (IMF) and the secretariat of the Organisation for Economic Co-operation and Development (OECD) during April – October 2020.
Main purpose: assist the Minister of Finance of Chile, Mr. Ignacio Briones Rojas, with technical support to review Chile’s tax expenditure methodology and its corrective excise taxes.
The report reflects the findings of the mission.

The report was written jointly by the IMF and the OECD.
IMF team responsibilities:
- Leading the work assessing tax expenditures in the corporate income tax (CIT).
- Leading the analysis of excises.
OECD team responsibilities:
- Leading the work assessing tax expenditures in the personal income tax (PIT).
- Leading the work assessing tax expenditures in the value added tax (VAT).
Subject coverage (as listed): Corporate income tax, Income, National accounts, Personal income, Personal income tax, Taxes, Value-added tax.

A presentation of the main findings was given to the Minister of Finance on October 6, 2020.
The report incorporates comments provided by the Ministry and the Chilean Revenue Administration.
Publication format and access:
- Publication date: November 19, 2020
- Format: IMF Staff Country Reports
- Issue: 305
- Series: Country Report No. 2020/305