The income tax treaty between Chile and Japan entered into force on 28 December 2016. The treaty, signed 21 January 2016, 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) provides that if a company is considered resident in both Contracting…