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Chilean Government to Introduce Legislation Limiting Standard Attribution Regime to Companies with Individual Shareholders

|Proposed Changes|Chile
Chile

The Chilean Ministry of Finance has announced that legislation will be submitted to parliament to amend certain aspects of the 2014 tax reform. One of the main amendments is in regard to the application of the standard attribution regime (AIS) for the taxation of distributions and the partially integrated regime (PIS). Under the AIS regime, from 2017 attributed profits are taxed whether distrib…

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