US Senate committee approves tax convention with Chile; vote by full Senate is next

On 1 June 2023, the United States (US) Senate Foreign Relations Committee (SFRC) approved 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 Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital (Treaty).

Next, the Senate must give its advice and consent to ratification of the Treaty with a two-thirds majority vote. Senate Majority Leader Chuck Schumer (D-NY) has indicated that getting it done is a priority.

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

EY Chile, Santiago
 

• Javiera Contreras, EY Chile Tax Leader
  
  
• Felipe Espina
  
  
• Juan Pablo Navarrete
  
  
• Nicolas Brancoli
  
  
• Victor Fenner
   

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

• Lucas Moreno
  
  
• Pablo Wejcman
  
  
• Benjamin Mosella, Chile Tax Desk
  
  
• Ana Mingramm
   

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

• Lourdes Libreros
  
  
• Sofía Hernández, Chile Tax Desk
   

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

• Raul Moreno, Tokyo
  
  
• Luis Coronado, Singapore
  
  
• Patricio Velasco, Hong Kong, Chile Tax Desk

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

For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.