The Chilean tax authority (Servicio de Impuestos Internos - SII) has published Ordinance 470 and Ordinance 471 of 5 March 2018, which clarifies the application of the dual corporate tax regimes introduced from 1 January 2017, the standard attribution regime (AIS regime) and the partially integrated regime (PIS regime). Under the AIS regime, the First Category Tax (FCT) rate is 25% and final owners are subject to an additional withholding tax of 35% whether or not distributions are made (with …