Treaty between Australia and Chile enters into force

On 8 February 2013, the Australia - Chile Income Tax Treaty (2010) entered into force. The treaty generally applies in Chile from 1 January 2014. The effective dates for Australia are as follows:

-		1 April 2013 for withholding taxes and for fringe benefits tax; and
-		1 July 2013 for other tax matters.

The Treaty generally follows the OECD Model.

The maximum rates…