Chile Senate Votes to Ratify Tax Treaty with US, Advancing Pact

Chile’s Senate unanimously approved a tax treaty with the US on Wednesday, bringing the agreement one step closer to taking effect.

The agreement must now be signed by Chile’s president, and the two nations must notify each other that they have completed all necessary procedures before the treaty is implemented.

• Chile’s Chamber of Deputies, the lower house of its legislature, approved the treaty last week.
• Chile, one of the world’s largest lithium producers, would be only the third country in Latin America to have a tax treaty with the US, alongside Mexico and Venezuela.
• Chile had previously ratified the ...