On 21 January 2016, officials from Chile and Japan signed and an income tax treaty. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Chilean taxes imposed under the Income Tax Act. It covers Japanese income tax, corporation tax, special income tax for reconstruction, local corporation tax, and local inhabitant taxes.
Resident
Article 4 (Resident) includes the provision that If a company is considered resident in both Contracting States, the …