We Remind You of the Documentation Needed to Access the Benefits of the Double Taxation Treaty with the United States

Dear Participants,

DCV reminds you that, at the beginning of a new tax year, it is necessary to carry out the previous documentation process to be able to obtain the benefit of the elimination of double taxation between Chile and the United States, in case you have not done so.

The documentation protocol, published in Circular No. 359 and subsequently supplemented by the holdings allocation protocol, published in Circular No. 363, must be completed, and depositors must adhere to it in the case of using a documented omnibus account at a foreign custodian in order to benefit from possible tax benefits in the US market, both for the Cross-border Custody Service and the Foreign Stock Exchange Service. The details of the documentation, means of communication, and corresponding cut-off times are provided in the same protocol. It should also be remembered that the holdings allocation file (Allocation) must be sent by the depositor on each closing date of the registry (14 hours maximum) as indicated in the protocol.

The tax rate benefit will only be effective once the documentation process has been completed. In 2025, there will be no recovery process.

Review the necessary documentation, all available in the documents section of the Cross-border custody service on DCV's website.

• Sign the documentation protocol of account structure and tax service.
• Complete allocation reports according to services.

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May you have any questions, please contact us through the following channels:
Help Desk - MAC
This email address is being protected from spambots. You need JavaScript enabled to view it. I +56 22 393 9001

Kind regards,
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES