Now that the U.S. Senate approved the U.S.-Chile tax treaty, the president must sign an instrument of ratification to complete the approval and ratification process in the United States.Although Chile approved the treaty in 2015, its Senate will likely need to review and approve the two reservations inserted by the Senate Foreign Relations Committee (SFRC) before the treaty can enter into force.The treaty includes reduced withholding tax rates, a provision deeming a permanent establishment (PE) to exist under certain circumstances and a limitation on benefits (LOB) article, among other things.Though the date of the treaty's entry into force remains uncertain,...