Diesel in Chile receives a different tax treatment depending on its use. If diesel is used in industrial activities the diesel tax paid can be used as a credit against VAT and if diesel is used in freight or public transportation (basically trucks and buses) a fraction of gasoline taxes paid can...

In recent decades, we have seen in Latin America an increase in the use of conditional cash transfer programs to fight poverty. Although these programs can be effective to improve the welfare of the poor in the short term and to guarantee a certain basic health care and education, they can also...

The Capital Markets reform of 2001 in Chile (MK I) established a tax exemption for income from capital gains from the sale of stocks with high trading volume. the goals of the reform were to increase participation, size, and liquidity in the local stock market. However, it is not clear how a tax...