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Chile Clarifies Availability of Foreign Tax Credit for Taxes Not Covered by Tax Treaty

|Approved Changes|Chile
Chile

The Chilean tax authority (Servicio de Impuestos Internos - SII) has published Letter Ruling No. 369 of 14 February 2025 concerning the availability of a foreign tax credit for foreign taxes not covered by a tax treaty. In particular, the letter addresses the question of whether a credit is available in respect of U.S. state taxes levied on income from the provision of technical assistance serv…

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