On 2 October 2019, Chile's Senate approved the pending protocol to the 2015 income tax treaty with China, which was approved by the Chamber of Deputies earlier in the year. The protocol, signed 29 May 2018, provides that an enterprise of a Contracting State engaged in the operation of ships or aircraft in international traffic in the other Contracting State shall be exempt from Value Added Tax in that other Contracting State. The protocol will enter into force once the ratification instrument…