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November 8, 2023

Double tax treaty with United States inches towards Chilean ratification

On 8 November 2023, the House of Representatives of the Chilean Congress approved the Convention between the United States and Chile for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital (Treaty). In a next step, it is expected the Senate will give its approval shortly (15 November). For background, see EY Global Tax Alert, U.S.-Chile tax treaty advances toward ratification, dated 9 June 2023.

Once approved, the text must be ratified by the Chilean President. The treaty shall enter into force once respective diplomatic notes are exchanged between the United States and the Republic of Chile.


For additional information with respect to this Alert, please contact the following:

EY Chile, Santiago

Ernst & Young LLP (United States), Latin American Business Center, New York

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific

Published by NTD's Tax Technical Knowledge Services group; Carolyn Wright, legal editor