By Brandon Roman and Eugenia Mize, Squire Patton Boggs LLP (May 2, 2017, 6:18 PM EDT) -- On Feb. 4, 2010, after more than a decade of negotiations, government officials from the United States and Chile executed the first bilateral income tax treaty between the two countries. This event marked an important next step in economic cooperation. The United States-Chile Free Trade Agreement, which entered into force on Jan. 1, 2004, had already significantly increased free trade by removing tariffs, reducing barriers, and providing necessary legal protections for investors from both countries. The tax treaty was designed to further encourage the stream of cross-border investments and widen the United States' tax treaty network in Latin America beyond Mexico and Venezuela....