Chile Tax Agency Seeks Comments on Draft Circular on Applying MFN Clause in Various DTAs

The Chilean Internal Revenue Service Nov. 12 opened a consultation on a draft circular on applying the most favored nation (MFN) clause in various DTAs, on maximum withholding rates for interest and royalties. The draft circular would apply to the: 1) 2001 DTA with Norway, 2008 DTA with Switzerland, 2016 DTA with Uruguay, and 2007 DTA with Belgium, in light of the entry into force of its 2016 DTA with Japan on Dec. 28, 2016, and its 2020 DTA with India on Oct. 19, 2022; and 2) 2003 DTA with New Zealand, in light of the entry into force of ...