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Tax measures in response to COVID-19 announced

Suspension of VAT payments for the next three months for all companies with sales below (unit of account) UF 350,000, with the option to pay the tax in 12 monthly installments, with no interest charge. This is expected to provide additional liquidity of up to USD 1.5 billion for around 240,000 companies during the second quarter.

Source: Deloitte

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