December 01, 2011
Foreign investors will be pleased to know that, as a consequence of recently published Law No. 20,544, the Chilean capital market has, for the first time, a formally regulated regime for derivative instruments, enforceable for instruments traded from January 1 2012.
November 01, 2011
According to Article 59 No 1 of the Chilean Income Tax Law (ITL), interest remitted abroad is subject to additional withholding tax.
September 28, 2011
One of the few transfer pricing cases to go to trial in the US in the last decade has won an award from International Tax Review for Symantec, the taxpayer at the centre of the litigation.
June 08, 2011
Trading began May 30 on the Mercado Integrado Latinoamericano (MILA) stock exchange, which allows cross-border trading between Peru, Colombia and Chile. Yet the three countries’ disparate tax laws may hinder investment and trading on the new bourse.