EN 
ES 
Dear Participants,
We would like to let you know that due to the final dividend payment that will be informed and subjected to voting in the Itaú Corpbanca’s (“The Bank”) General Shareholders’ Meeting, called for March 24, 2022 (“the Meeting”), Itaú Corpbanca will make available for those shareholders that wish to make use of it, a procedure to pay the Substitutive Tax for Final Taxes (this is, a global, supplementary or additional global tax) for the accumulated profits in the Taxable Profits Funds (“ISFUT”) of Itaú Corpbanca, according to the considerations in provisional article 25 of Law 21210 and the instructions provided by the Internal Revenue Service (SII), specifically, those contained in Circulars 43 of 2020 and 39 of 2021 and Official Letters 215 of 2021 and 2762 of 2021.
Considering the above, we wish to inform the following:
- According to the instructions from SII (IRS), shareholders can choose to pay the ISFUT with a 30% rate on a part or the entire balance of the accrued taxable income generated until December 31, 2016; that Itaú Corpbanca keeps at the end of the business year 2021, with a deduction as credit of the corresponding first category tax.
- The payment of the ISFUT allows considering the payment of the supplementary or additional global tax as completed, as appropriate. It may be distributed by Itaú Corpbanca, giving preference to other revenue without being subject to the general orders of allocations considered in the Tax Income Law.
- Considering the above, shareholders may instruct the Bank to pay the ISFUT for the entire or part of the dividend that corresponds to them, according to the number of shares registered under their name, by midnight of March 18, 2022.
- Those shareholders who decide not to instruct Itaú Corpbanca to pay the ISFUT will receive the total amount of the dividends agreed in the Shareholders’ Meeting. These dividends will be subject to the general tax rules applicable to this type of income. The same will apply to those shareholders that have not communicated on time their decision to pay or not to pay the ISFUT to Itaú Corpbanca.
- The Shareholders that instruct the Bank to pay the ISFUT for all or part of the shares under their name by midnight of March 18 of this year will authorize the Bank to use the corresponding percentage of the dividend for those shares to be used to pay for the ISFUT. In this way, these shareholders will be in charge of the payment of the corresponding amount of that tax.
- The shareholders entitled to receive the dividend and who wish to choose this option must send the “Payment Instructions for the Substitutive For Final Taxes (ISFUT)” form to the Bank by March 22, 2022, 4:00 p.m., this is, two business days before the payment. After that date, it will be assumed that the shareholders that have not sent the instructions have chosen to keep their dividends under the general tax regimen applicable to that income.
- Those shareholders who keep their shares in custody at a brokerage firm or a custodian bank must request them to submit the “Payment Instructions For The Substitutive Tax For Final Taxes (ISFUT) Form.”
- In all cases, both the dividend without deduction (shareholders that did not choose the ISFUT), as the dividend deducting the amount for the ISFUT, will be paid to all shareholders from March 24, 2022.
- Due to the above, these instructions must be completed according to the attached instructions and sent to the following email address:
This email address is being protected from spambots. You need JavaScript enabled to view it. .
THIS INFORMATION AND THE MENTIONED INSTRUCTIONS HAS BEEN PUBLISHED AT ITAÚ CORPBANCA’S WEBSITE (www.itau.cl) AND AT DCV REGISTROS’ WEBSITE (www.dcv.cl), IN THE “NEWSLETTER” SECTION UNDER THE “NEWS CENTER” MENU.
Instructions Form for the ISFUT payment
option of Itaú Corpbanca
Information on the tax withholding effective rate for the
Substitutive Tax for Final Taxes (“ISFUT”) of Itaú Corpbanca
Itaú Corpbanca does not issue any opinion on the convenience of choosing a specific tax treatment for the issues addressed in this document, due to which it is not responsible for the decisions shareholders may make in those regards.
For more information, please contact the
Shareholders Service Department.
