U.S.-Chile tax treaty advances toward ratification

09 June 2023|Tax Alerts, National/Federal Taxation, Transfer Pricing, Treaties, Treaties, BEPS 2.0|United States, Chile

The U.S. Senate Foreign Affairs Committee voted out of committee the proposed Double Taxation Agreement between Chile and the U.S.
The next step is for U.S. Senate to give its advice and consent to ratification of the Treaty.
Once approved, Chile would become the third Latin American country with a Double Tax Treaty with the U.S.

On 1 June 2023, the U.S. Senate Foreign Relations Committee (SFRC) voted out of committee (20-1) the proposed U.S.-Chile Double Taxation Agreement (Treaty).

The Treaty incl…

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