On 25 October 2023, the Government of Republic of Chile submitted to the Chilean Congress for approval 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). For background, see EY Global Tax Alert, U.S.-Chile tax treaty advances toward ratification, dated 9 June 2023.
The text to be approved by Chilean Congress includes reservations made by the U.S. Senate on Article 23 (Relief…