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Pacific Alliance Trade Group Concludes Tax Agreement on Pension Funds

|Treaty Development|Colombia-Chile-Mexico-Peru
Colombia-Chile-Mexico-Peru

According to recent reports, the Pacific Alliance trade group concluded negotiations for a tax agreement on pension funds during meetings held 29 to 30 June 2017. The trade group includes Colombia, Chile, Mexico, and Peru. The agreement provides for double taxation relief for pension funds and a maximum tax rate of 10% on pension fund investment returns. The agreement will enter into force afte…

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