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Chile Clarifies Withholding Rate on Interest Under Tax Treaty with Argentina

|Treaty Development|Chile-Argentina
Chile-Argentina

The Chilean tax authority (SII) has published Ruling No. 1984 of 26 July 2019 concerning the application of the 2015 tax treaty with Argentina for interest paid in relation to a loan agreement entered into in 2019 between an Argentinian parent and its wholly-owned subsidiary in Chile. The loan was provided to fund financing of an unrelated third party. The Ruling provides the following to clar…

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