Chile-United States Double Taxation Agreement
On January 1 of this year, the agreement to avoid double taxation (CDT) between Chile and the United States came into force. Below are some of its more relevant aspects.
The Finance and Insurance industry group comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities include: raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities; and pooling of risk by underwriting insurance and annuities; and providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs.
Industry code
FNS
Industry Code Full
FNS
Chile's Trade Agreements: Boost And Benefits For National Companies
Chile has been a pioneer in signing an extensive and diverse network of trade agreements, both bilateral and multilateral, that have significantly transformed its position on the global economic stage.
Uruguay - Brazil: Key Aspects Of The Convention To Avoid Double Taxation
The CDI plans to eliminate double taxation in terms of taxes on income and wealth using the tax credit method, that is, allowing the refund in the country of residence of the taxpayer (under certain conditions) of the taxes paid in the other country.
Clarifications On The Informative Declaration Of Virtual Currencies Located Abroad
- Read more about Clarifications On The Informative Declaration Of Virtual Currencies Located Abroad
- 2325 views
The Ministry of Finance has recently approved three new information statements in relation to virtual currencies. These are models 172, 173 and 721.
The informative statements, forms 172 and 173, refer to the balances and operations carried out with virtual currencies (commonly called cryptocurrencies) by natural and legal persons.
To Guarantee Or Not To Guarantee: Is There A Choice?
Periodically in the course of life, you might be asked to give a personal guarantee. You might be the owner of a business which wants to borrow money and as well as your company giving a charge over property or over its other assets to the bank or finance company, they might want you to guarantee the company’s payment obligations.
ASIC’S Latest Tilt At Crypto Promoters: That Certainly Blocked Some Earning!
- Read more about ASIC’S Latest Tilt At Crypto Promoters: That Certainly Blocked Some Earning!
- 997 views
The Federal Court’s judgment confirms that crypto assets can be captured under existing financial services laws. Operators in the crypto industry should take note and utilise this opportunity to review their existing (and planned) operations
Medical License And Variable Incentive Systems
The Labor Directorate reiterated the inadmissibility of establishing a system of remuneration incentives that makes obtaining the benefit or remuneration depend on the fact that the worker does not use medical leave or does not use the holiday.
Taxpayer Strikes Gold! AAT Rejects Commissioners Claim Of Anti-Avoidance
In what has been a saga of losses in pursuit of gold, the latest Administrative Appeals Tribunal case of HNMF v Commissioner of Taxation has seen the Commissioner again face defeat, this time in respect of the anti-avoidance provisions in the GST Act.
CMF Regulations Regarding The Fintech Law
On January 12, 2024, the Financial Market Commission (CMF) issued General Standard No. 502 which provides instructions on the provision of technology-based services regulated by the FinTech Law.
Modifications To The Purchase Regime
On December 11, 2023, Law 21,634 was published, which modernizes the public procurement regime. Below are some interesting modifications introduced by this law.