1. New regulation standardizes the treatment of foreign tax credits.
2. Extends the types of income which grant credit:
   • Dividend and profit distributions;
   • Income for the use of intangibles;
   • Professional or technical services and export services;
   • Income derived from dependent or independent labor;
   • Income attributed to PE located abroad;
   • Passive income obtained by controlled foreign companies, and
   • Income derived from tax treaty jurisdictions with which Chile undertook to grant a foreign tax credit.
3. The possibility of using the WHT paid in Chile by a foreign subsidiary of a Chilean company is established.

Certain income derived from research and development projects are excluded from the passive income definition, subject to approval by the Production Development Corporation (CORFO).