The Chilean tax authority (Servicio de Impuestos Internos - SII) has published Circular No. 65 of 3 December 2025 on the activation of the MFN clauses in Chile's tax treaties with Belgium, New Zealand, Norway, Switzerland, and Uruguay, considering the entry into force of Chile's tax treaties with India, Italy, and Japan.
2007 Chile-Belgium tax treaty
The MFN clause in the tax treaty with Belgium is triggered by Chile's 2016 tax treaty with Japan in respect of interest and royalties.
Int…