Book contents
- Frontmatter
- Contents
- List of figures
- List of tables
- List of contributors
- Acknowledgements
- The Golden Bridge: analytical table of cases by topics in the OECD Guidelines
- Table of Cases
- Abbreviations
- Part I The context of transfer pricing disputes
- Part II North America and Europe
- Part III Asia Pacific
- Part IV BRIC Countries
- Part V South America, Middle East and Africa
- 17 Transfer pricing disputes in Argentina
- 18 Transfer pricing disputes in Chile
- 19 Transfer pricing disputes in Israel
- 20 Transfer pricing disputes in Africa
- Part VI Conclusion
- Index
18 - Transfer pricing disputes in Chile
from Part V - South America, Middle East and Africa
Published online by Cambridge University Press: 05 November 2014
- Frontmatter
- Contents
- List of figures
- List of tables
- List of contributors
- Acknowledgements
- The Golden Bridge: analytical table of cases by topics in the OECD Guidelines
- Table of Cases
- Abbreviations
- Part I The context of transfer pricing disputes
- Part II North America and Europe
- Part III Asia Pacific
- Part IV BRIC Countries
- Part V South America, Middle East and Africa
- 17 Transfer pricing disputes in Argentina
- 18 Transfer pricing disputes in Chile
- 19 Transfer pricing disputes in Israel
- 20 Transfer pricing disputes in Africa
- Part VI Conclusion
- Index
Summary
Introduction
In the past twenty years, Chile has begun to adopt a policy towards increasing its participation in the global markets by fostering the trade of goods and services, promoting mainly inbound foreign investments and by eliminating barriers for outbound foreign investments, thereby progressively opening its economy to the international community. This has been reflected in the increased volume of free trade agreements and double taxation agreements that Chile has concluded so far. Currently, Chile has a tax treaty network of more than twenty double taxation agreements in force, in addition to several double taxation agreements that have been signed but are pending approval.
This chapter will briefly describe the recent economic and business environment in Chile, including the definition of its current tax structure, in order to understand why Chile has become an attractive country for foreign investment. The chapter will then explore the history and description of the Chilean transfer pricing regulation, established in 1997. Additionally, it recounts the low, but increasing, level of activity in the areas of transfer pricing audits and disputes in Chile, followed by a conclusion based on the Chilean experience.
- Type
- Chapter
- Information
- Resolving Transfer Pricing DisputesA Global Analysis, pp. 728 - 756Publisher: Cambridge University PressPrint publication year: 2012