The 2012 income and capital tax treaty between Austria and Chile entered into force on 9 September 2015. The treaty, signed 6 December 2012, is the first of its kind between the two countries. Taxes Covered The treaty covers Austrian income tax, corporation tax, land tax, the tax on agricultural and forestry enterprises and the tax on the value of vacant plots. It covers Chilean taxes imposed under the Income Tax Act. Residence If a company is considered resident in both Contracting States, then the competent authorities will determine the company's residence for the purpose of the treaty through mutual...