On 8 August 2018, the State Secretariat for International Financial Matters (SIF) published a Memorandum of Understanding (MoU) on the Agreement between the Swiss Confederation and the Republic of Chile for the Avoidance of Double Taxation in the Area of Taxes on Income and on Capital of 2 April 2008 (DTA Switzerland - Chile).
The agreement refers to the difficulties and uncertainties which have arisen in connection with the issuing of the Swiss forms in relation to Article 10 para. 2 (dividends) and Article 11 para. 2 (interest) of the DTA Switzerland-Chile.
The Memorandum of Understanding sets out in detail how Chile should issue Chilean residency certificates in this context.
The agreement should be applicable to all pending and future applications. Applications that have already been rejected due to the lack of a confirmation of tax residence on the Swiss form should be reviewed again on condition that a new application is submitted. The limitation period should be calculated on the basis of the first request.
The dossier Technical Information on Chile is available here.
