U.S. Senate Approves Highly Anticipated U.S.-Chile Income Tax Treaty

Highlights

The U.S. Senate, in a vote of 95-2 on June 22, 2023, approved a Resolution of Advice and Consent to ratify the Convention Between the Government of the United States of America and the Government of the Republic of Chile for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital (the U.S.-Chile Tax Treaty) that was previously stalled in its chamber for more than a decade.

Once all of the applicable procedural hurdles are overcome and the U.S. and Chile have notified each other in writing, through diplomatic […]

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