When the heart rules the head

In February 2016, Chile passed legislation that sought to quell the doubters of its controversial tax reform, which aimed to raise enough government revenue to fund an overhaul of the education system. But two years after the shake-up was first announced, tax lawyers remained as unconvinced as ever. For many, the tax reform is the result of politicians becoming so passionate about their cause, their methods lost all reason. At a roundtable event held by Latin Lawyer in Santiago, lawyers voiced their fears about the new, complicated dual structure born out of a tumultuous legislative process and the effect of lingering uncertainty on precious foreign investment at a time when Chile needs it most. Lulu Rumsey reports

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