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  • Service: Tax, International Tax
  • Type: Regulatory update
  • Date: 10/24/2013

Chile - Mutual tax assistance; Chile signs OECD convention 

October 24:  The Organisation for Economic Co-operation and Development (OECD) today announced that Chile is the 59th country to sign the OECD’s agreement for mutual administrative assistance in tax matters.

Today’s OECD release states:

The G20 has declared automatic exchange of information as the new global standard, and have asked the OECD to work on developing it. Chile’s decision to sign this Convention, while implementing automatic exchange of information with partners Colombia, Mexico and Peru, helps move the agenda forward.

In signing the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters, Chile has agreed to a high level of support for the automatic exchange of information at the international level.


To enter into force, the agreement must be ratified by the Chilean Congress.




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