The amending protocol to the 2001 income tax treaty between Brazil and Chile entered into force on 30 October 2025. The protocol, signed 3 March 2022, is the first to amend the treaty and includes the following main changes:
- The title and preamble are replaced in line with OECD BEPS standards;
- Article 1 (Personal Scope) is replaced, including the provision that income derived by or through an entity or arrangement that is treated as wholly or partly fiscally transparent under the tax law of …