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Chilean tax - Individuals are now required to report their foreign trusts participation

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As per the Chilean Tax Authority's (SII) Resolucion 81 dated 10 September 2013, a disclosure report needs to be submitted with SII by 30 June [of the next year] with details in respect of their participation on trusts established overseas.

Under this new instruction, individuals that according to the Chilean Income Tax Law are subject to Chilean taxes on their worldwide income and foreigners who are domiciled/residents of Chile must report to the SII specific...

Proposed Merger of SKM and Jacobs

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From The Sinclair Knight Merz Magazine Press Release 9 September 2013.

Sinclair Knight Merz (SKM) and Jacobs today announced they have signed an agreement to merge their two businesses, to be effected by Jacobs acquiring SKM. The SKM Board of Directors believes that the Merger Proposal is in the best interests of SKM Shareholders and unanimously recommends that SKM Shareholders vote in favour of the proposal subject to an independent expert...

Andean Community Nationals Now Eligible for In-Country Work Permits

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Bolivian, Ecuadorian and Peruvian nationals can now opt to obtain employer-sponsored work authorization within Colombia rather than at a consulate abroad. Cross-border and seasonal workers from the Andean Community are now exempt from work visa requirements but require a certificate from the Ministry of Labor to begin work.

South America has never been closer! LAN Airlines releases low season airfares from Australia

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LAN Airlines, South America’s largest airline network, launched its low season campaign over the weekend offering unbeatable airfares and making South America even more accessible to Aussies. With discount fares on routes ex Sydney and Melbourne to Sao Paulo, Brazil; Santiago, Chile; Buenos Aires, Argentina; and Lima, Peru, South America and its wealth of rich experiences are now just a click away.

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