Florida Record

Wednesday, October 23, 2019

MCDERMOTT WILL & EMERY LLP: The US-Chile Tax Treaty and Its Impact on Taxpayers

By Press release submission | Sep 23, 2019

McDermott, Will & Emery LLP recently issued the following announcement.

After nearly a decade of being put on hold, several members of the Senate Foreign Relations Committee have recently indicated that the first US-Chile Income Tax Treaty may be approved. The treaty would be welcome news to many companies and individuals doing business or investing in Chile or the US, or considering potential cross-border investments.

In this presentation, we will cover (1) a brief discussion of recent Chilean law developments, (2) a detailed analysis of the US-Chile Income Tax Treaty, and (3) future planning under the new treaty and modifications to current structures and positions. The discussion will focus on various articles of the treaty, including the limitation on benefits article, residency article, permanent establishment article, interest, dividends and royalties articles.

We hope you can join us for this forward-looking discussion.

SEPTEMBER 25, 2019

Location: Miami, FL

Original source can be found here.

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