Our partner, Jessica Power, and our associate, Ximena Silberman, contributed to the Q&A section of the Chilean chapter in the “Corporate Tax 2020” edition of the International Comparative Legal Guides.

Jessica Power has been a partner at Carey since 2008 and is co-head of the Tax Group. She has broad experience advising domestic and foreign clients on corporate and personal tax planning, local and international tax consulting, M&A, foreign investment transactions and tax litigation. She has been recognised by several international publications, being awarded Lawyer of the Year in Tax by Best Lawyers (2014). She was also highlighted as one of 100 female leaders in Chile by El Mercurio (2008/2015). She is the Founder and mentor of the “Learning to Lead” programme for women lawyers and, also, a member of the IFA. Jessica graduated from Universidad de Chile (Summa Cum Laude, JD, 1999), from which she also holds a degree in Tax Law.

Ximena Silberman is an associate in Carey’s Tax Group. She advises clients on personal and corporate tax planning, local and international tax consulting and tax litigation. She is a teaching assistant of Civil Law and Tax Law at Universidad de Chile. She also co-authored the Chilean chapter of the ICLG to: Corporate Tax (2019). She graduated from Universidad de Chile (Summa Cum Laude) and was granted the Carey Award as the best student of Tax Law (2010).

Chliean Chapter:

1 Tax Treaties and Residence

1.1 How many income tax treaties are currently in force in your jurisdiction?

Chile has 33 tax treaties. Additionally, there is one tax treaty subscribed by Chile – with the United States of America (“US”) – which has not yet entered into force.

1.2 Do they generally follow the OECD Model Convention or another model?

Yes, except for the treaty with the US (not yet in force), which follows the US model.

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