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The Chamber’s Labor Commission will review next Monday the draft of the withdrawal of 10% of the Government
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“We are preparing so that, once the law is enacted, all people can make use of their money”, he assured.
He also clarified that the deadlines will depend on how the legislative process advances.
“The AFPs are working quickly (…) to make it an agile, efficient and mainly digital process”he added.
Remember that the government instance was approved in the Senate and must go through the Chamber of Deputies and Deputies, while the reform of the opposition will go to a mixed commission.
How was each proposal
After the changes made in the parliament, both initiatives remained practically the same:
- Both will be of character universal, that is, everyone will be able to withdraw the money. The only difference is that the government’s idea leaves out high-income public officials
- The two instances will allow withdraw a minimum of 35 UF ($ 1 million) and a 150 UF maximum ($ 4.3 million), and if someone has a base less than that, they can withdraw all their funds
- In the government project, The tax payment will be maintained for high incomes that request the withdrawal
- The payment terms were shortened for the Government, leaving In 15 business days the first installment, while the second will be delivered 15 days after the first. For its part, in the idea of the opposition, everything must be paid in one installment, within a maximum period of 15 business days
- After long negotiations the mandatory reimbursement of funds in the Government project was ruled out, leaving only the opposition on a voluntary basis
👀 10% withdrawal. How are the projects in process different? 🤔 pic.twitter.com/12fjA3W1AB
– SenadoChile (@Senado_Chile) November 25, 2020
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