Double tax treaty with United States inches towards Chilean ratification

On 8 November 2023, the House of Representatives of the Chilean Congress approved the Convention between the United States and Chile for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital (Treaty). In a next step, it is expected the Senate will give its approval shortly (15 November). For background, see EY Global Tax Alert, U.S.-Chile tax treaty advances toward ratification, dated 9 June 2023.

Once approved, the text must be ratified by the Chilean President. The treaty shall enter into force once respective diplomatic notes are exchanged between the United States and the Republic of Chile.

For additional information with respect to this Alert, please contact the following:

EY Chile, Santiago

• Javiera Contreras, EY Chile Tax Leader
  
  
• Felipe Espina
  
  
• Juan Pablo Navarrete
  
  
• Nicolas Brancoli
  
  
• Victor Fenner
  
  
• Dario Romero
  
  
• Nicolas Orezzoli
  
  
• Jonnathan Martinez
  
  
• Cristian Sepulveda

Ernst & Young LLP (United States), Latin American Business Center, New York

• Pablo Wejcman
  
  
• Benjamin Mosella, Chile Tax Desk
  
  
• Ana Mingramm

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

• Lourdes Libreros
  
  
• Sofía Hernández, Chile Tax Desk

Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific

• Raul Moreno, Tokyo
  
  
• Luis Coronado, Singapore
  
  
• Patricio Velasco, Hong Kong, Chile Tax Desk

Published by NTD's Tax Technical Knowledge Services group; Carolyn Wright, legal editor

For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.