Guerrero Olivos behind investment fund tax win in Chile

Guerrero Olivos has helped UK investment fund Aberdeen win a favourable tax ruling from Chile’s internal revenue service (SII) after a three-year appeals process.

Guerrero Olivos behind investment fund tax win in Chile

iStock/erlucho

The SII agreed to repeal current regulations and allow foreign capital investment funds (FCIFs) to benefit from a 10% tax rate available to other foreign investors without meeting further requirements. The SII announced its ruling on 16 September.

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