On 15 August 2017, Uruguay's Chamber of Representatives reportedly approved the laws for the ratification of the pending income and capital tax treaty with Chile and the pending tax information exchange agreements with Guernsey and South Africa. The treaty with Chile, signed 1 April 2016, is the first of its kind between the two countries and will enter into force 15 days after the ratification instruments are exchanged and will generally apply from 1 January of the year following its entry i…