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.
Industries in this group are primarily engaged in one of the following: underwriting securities issues and/or making markets for securities and commodities; acting as agents (i.e., brokers) between buyers and sellers of securities and commodities; providing securities and commodity exchange services; and providing other services, such as managing portfolios of assets; providing investment advice; and trust, fiduciary, and custody services.
Industry code
SECC
Industry Code Full
FNS-SECC
Dismissed the Appeal of Unconstitutionality Against the Temporary Solidarity Tax on Large Fortunes
The Plenary Session of the Constitutional Court has rejected the unconstitutionality appeal presented by the Government Council of the Community of Madrid against the temporary solidarity tax on large fortunes, created by Law 38/2022, of December 27 (art. 3).
Superannuation CEO Roundtable; Downsizer Conributions and NALI/NALE Reforms
This week, APRA released notes from a recent superannuation CEO roundtable and the ATO updated a ruling and a guidance note in relation to downsizer contributions. The Bill containing the NALI/NALE reforms has been referred to a Senate committee for report.
Blockchain Byte: Wrapping Tokens, a CGT Event?
Wrapped tokens have emerged as a powerful catalyst for interconnectivity between different ecosystems. For tax purposes the Australian Taxation Office (ATO) has no formal public guidance on the implications of wrapping.
Duty of Information of Financial Institutions to the SII
On June 30, 2022, Law No. 21,453 was published, which introduced amendments to the Tax Code regarding various matters, including on the obligation of financial institutions to deliver to the Service of Internal Taxes (SII) information of people and/or companies in certain cases.
Evolving Private Company M&A Considerations in the COVID-19 Era
The COVID-19 has ushered in unprecedented times for our country and our global community. Certainly, the pandemic is impacting the way M&A transactions are looked at, papered, implemented, and even priced.
Should We Maintain Investments Despite COVID-19?
After 500 years of the Discoveries, the situation was reversed and it was Portugal that was discovered. In recent years, multiple international tourism awards have established Portugal as one of the best tourist destinations in the world.