Chile is dialing back ambitions for its income tax reform plans that it aims to approve during September, the country’s finance minister said in an interview published on Sunday. Finance Minister Mario Marcel told daily La Tercera that the bill under discussion, which aims to crack down on tax evasion, will be less demanding than previously planned, while still seeking to increase total revenue by around 1.5% of gross domestic product. He said he saw conditions for the bill to be approved before the 2025 budget is due at the end of September.
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