Andres Bustos

Practice Areas

Tax law and Wealth Management

Andrés Bustos B. is a founding partner at Garfias & Cía. He has extensive experience in income tax, international taxation, and corporate reorganizations. He advises high-net-worth individuals, family offices, and corporate groups on tax and legal matters related to investments both in Chile and abroad. He also represents clients in complex proceedings before the Chilean Tax Authority (Servicio de Impuestos Internos, SII).

Career

Lawyer from Universidad de Chile, 2010.

Diploma in Tax Law at the Faculty of Economics and Business, Universidad de Chile, 2013 (Best Student Award, 2012).

LL.M in International and European Tax Law of the University of Maastricht, Netherlands, 2014-2015.

In the academic field, he has taught Tax Law at Universidad Adolfo Ibáñez (2017) and at Universidad del Desarrollo (2021 and 2022). Since 2021, he has been teaching the course “Double Tax Treaties” at the Instituto de Estudios Tributarios y Financieros (ITF).  

Professional Memberships

IFA (International Fiscal Association)

ICHDT (Chilean Institute of Tax Law)

Correspondent and author of the Chilean chapters on Corporate and Individual Taxation for IBFD (International Bureau of Fiscal Documentation, Netherlands).

FESIT (Foundation for Systemic Tax Studies).

Publications

“CFC Rules and Their Application in Latin America: The Particular Case of Chile” – Awarded second place in the 5th International Research Competition at the Latin American IFA Meeting (Lima, Peru – 2016).

“The Future of Transfer Pricing” – Contributor to the International Fiscal Association 2017 Congress in Rio de Janeiro; published in Cahiers de droit fiscal international, Volume 102B.

“Getting the Deal Through – Tax on Inbound Investment” – Contributor for the 2018 and 2019 editions. Editors: Peter Maher and Lew Steinberg; www.gettingthedealthrough.com.

“Normas sobre Sociedades Extranjeras Controladas (normas CFC) en Chile: diferencias y semejanzas con el proyecto BEPS y otros estándares internacionales” – Published in Problemas de tributación internacional en Iberoamérica: una visión desde los diez años del OITI, Universidad Externado de Colombia (2019).

“Controlled Foreign Company Legislation in Chile” – Co-author of Chapter 9 in Controlled Foreign Company Legislation, European and International Tax Law and Policy Series No. 17, edited by Michael Lang et al., WU Institute for Austrian and International Tax Law, IBFD (2020).

“Residence for Corporate Income Tax Purposes” – Co-author of the Chile chapter for the IFA 2025 Congress Report, Lisbon, Portugal (2024).

Languages Spoken

English and Spanish