HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.congrecreports/crptxaehp0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION .
117TH CONGRESS EXEC. REPT.
2d Session SENATE 117-1
TAX CONVENTION WITH CHILE
APRIL 7, 2022.-Ordered to be printed
Mr. MENENDEZ, from the Committee on Foreign Relations,
submitted the following
REPORT
[To accompany Treaty Doc. 112-8]
The Committee on Foreign Relations, to which was referred the
Convention between the Government of the United States of Amer-
ica and the Government of the Republic of Chile for the Avoidance
of Double Taxation and the Prevention of Fiscal Evasion with Re-
spect to Taxes on Income and Capital, Signed in Washington on
February 4 2010, with a Protocol Signed the Same Day, as Cor-
rected by Exchanges of Notes Effected February 25, 2011, and Feb-
ruary 10 and 21, 2012, and a Related Agreement Effected by Ex-
change of Notes (the Related Agreement) on February 4, 2010
(Treaty Doc. 112-8), having considered the same, reports favorably
thereon with two reservations and one declaration, as indicated in
the resolution of advice and consent, and recommends that the
Senate give its advice and consent to ratification thereof, as set
forth in this report and the accompanying resolution of advice and
consent.
CONTENTS
Page
I. Purpose ........................................................................................................... 1
II. B ackgroun d .................................................................................................... 2
III. M ajor P rovision s ............................................................................................ 2
IV . E ntry Into F orce ............................................................................................ 3
V . Im plem enting Legislation ........................................................................... 3
V I. C om m ittee A ction .......................................................................................... 3
V II. Com m ittee Com m ents ................................................................................. 3
VIII. Text of Resolution of Advice and Consent to Ratification ........................ 5
IX . Technical Explanation ................................................................................. 7
I. PURPOSE
The purpose of the proposed Convention, Protocol, and Related
Agreement (together the Treaty) is to promote and facilitate trade
and investment between the United States and Chile. In addition,
the Treaty would prevent avoidance or evasion of the taxes of the
29-119](ViewImageLocal?handle=hein.congrecreports/crptxaehp0001&div=1&collection=&method=preview&ext=.png&size=3)