On 8 November 2023, the House of Representatives of the Chilean Congress approved 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). In a next step, it is expected the Senate will give its approval shortly (15 November). For background, see EY Global Tax Alert, U.S.-Chile tax treaty advances toward ratification, dated 9 June 2023.
Once approved, the text must be ratified by …