IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

El fondo de utilidades tributables (FUT): elementos para la discusión

Listed author(s):
  • Rodrigo, Cerda


    (CLAPES U.C. (Centro Latinoamericano de Políticas Económicas y Sociales))

  • Juan Luis, Correa


    (Universidad Andrés Bello. Facultad de Economía Y Negocios)

  • Francisco, Parro


    (Universidad Adolfo Ibáñez. Escuela de Negocios.)

  • José Domingo Peñafiel


    (Avendaño y Merino Abogados, Santiago)

This paper analyzes the Taxable Profits Fund (TPF) from three different perspectives. First, it studies the historical context in which the TPF emerged, the specific objectives for which it was created and the main features of the tax regime that had existed prior to its implementation. Second, it describes in detail how the TPF has operated in practice and its main features. Third, it analyzes, from an economic standpoint, the incentives that the TPF offers for a reinvestment of profits. The analysis reveals that the TPF has been an effective tool that encourages companies to invest and save. The article additionally discusses the debate on the subject and the main proposals that have emerged in literature to improve specific aspects of income taxation in Chile.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

File URL:
Download Restriction: no

Article provided by Centro de Estudios Públicos in its journal Estudios Públicos.

Volume (Year): (2014)
Issue (Month): 135 ()
Pages: 39-87

in new window

Handle: RePEc:cpt:journl:v::y:2014:i:127:p:39-87
Contact details of provider: Postal:
Monseñor Nuncio Sótero Sanz de Villalba 162, Providencia, Santiago

Phone: (+56 2) 23282400
Fax: (+56 2) 23282440
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:cpt:journl:v::y:2014:i:127:p:39-87. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ernesto Ayala)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.