Control test criteria consider a foreign entity to be controlled if residents of Chile have:     - 50% or more of the foreign entity's capital, profits or voting power;     - the power to elect the majority of directors or administrators of the foreign entity; or     - the power to unilaterally amend the foreign entity's by laws, or to change the majority of its directors or administrators.        A foreign entity is deemed to be a CFC if:     - it is resident in a low-tax jurisdiction as defined in article 41H of the Income Tax Law; or     - a person resident of Chile has directly or indirectly a purchase option with respect to the foreign entity for 50% or more of its capital, profits or voting power.