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Palma Abogados - Newsletter

Publicado el 29/12/2016

Palma Abogados - Newsletter

29th December 2016

Treaty to avoid double taxation between Chile and Argentina.

The Chilean Ministry of Finance, with its Argentinian counterpart, announced that the treaty to prevent double taxation between both countries would come into force on 1st January, 2017. This, after the ratification obtained by the respective congresses, which in Chile occurred in July of this year.

Convention on Mutual Administrative Assistance in Tax Matters.

On 7th November 2016, was published, in the Official Gazette, the Decree N° 104 of 2016 of the Ministry of Foreign Affairs, which promulgates the Convention on Mutual Administrative Assistance in Tax Matters, adopted by the Member Nations of the Council of Europe and Member Nations of the Organization for Economic Cooperation and Development (OECD).

Sales of services abroad.

The Government promulgated the Law N° 20.956, with the purpose of increasing the productivity and sales of services abroad. This law introduces modifications to twelve legal texts searching for the extension of the tax benefits that governs goods, to services, stimulating its development, looking towards its exportation.

Chilean votes from abroad.

The Government promulgated the law for votes abroad, and it is evaluating having available more polling stations. People who want to vote shall sign up in the corresponding Consulate, or before the Head of Immigration and International Police of the Police of Investigations whether entering or leaving the country and with this data, it will prepare a register of Chileans abroad.

Bolivian Lawsuit before the International Court of Justice.

The International Court of Justice has set the presentation dates for the reply and rejoinder regarding the Bolivian lawsuit. The reply shall be filed on March 21, 2017, and the Chilean rejoinder on 21st September 2017.

Agreement between the Republic of Chile and the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, and the Multilateral Investment Guarantee Agency.

On 7th October 2016, was published, in the Official Gazette, the Decree N° 80 of 2016 of the Ministry of Foreign Affairs, which promulgates the Agreement between the Republic of Chile and the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, and the Multilateral Investment Guarantee Agency related to the establishment and operation of offices in the Republic of Chile.

Water Code’s Reform.

The House of Representatives approved the bill that amends the actual Water Code.

 

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