US-Chile Tax Treaty Takes Effect

Posted 12/23/23

The comprehensive income tax treaty between the United States and Chile entered into force yesterday, according to the Treasury Department.

The Chile tax treaty is the first new comprehensive bilateral tax treaty signed by the United States to enter into force in over ten years. The treaty will reduce tax-related barriers to cross-border investments between the United States and Chile and is only the second US comprehensive bilateral tax treaty in force with a South American country.

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