The income tax treaty between Chile and Italy entered into force on 22 December 2016. The treaty, signed 23 October 2015, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Chilean taxes imposed under the Income Tax Act, and Italian personal income tax, corporate income tax, and regional tax on productive activities (IRAP).
Residence
The treaty includes the provision that if a company is considered resident in both Contracting States, the competent autho…