Glossary · Chile
Presencia bursátil
Definition
A Chilean tax concept — "market presence" — that determined whether listed shares qualified for a historic capital-gains exemption. A 2022 reform replaced the full exemption with a reduced flat rate for shares meeting the standard.
Why it matters for a secondary
It's the dividing line between Chile's old and new listed-share tax treatment — mainly a reference point, since most secondaries involve unlisted shares taxed under the general income regime instead.
Frequently asked questions
Does this term apply the same way everywhere in Latin America?
No. Each country in this glossary has its own regulator, corporate forms, and tax rules — this term is specific to the country tagged above. Check the linked country page for the fuller picture.
Is this legal or tax advice?
No. This is orientation for investors and allocators, not legal or tax advice. Confirm current rules with a licensed adviser in the relevant country before acting on anything here.