On March 18, the International Standards Department of the SII issued circular No. 13, which aims to provide instructions regarding the provisions on the mutual agreement procedure (“PAM” or “friendly procedure”), established in the Conventions to avoid international double taxation subscribed by Chile. The circular regulates how taxpayers can access the “PAM” and also regulates its effects in accordance with the situation of paragraph 1 of article 25 of the OECD model. It indicates the cases that allow the initiation of a “PAM”, among other matters, allowing the procedure to be extensively regulated.

To access circular No. 13, you can find it at the following link: https://lnkd.in/gxXAuY-c