Latin America in Focus – May 2017
Staying ahead of cross-border operations
Latin America's emergence as a world market has been, and continues to be, accompanied by an upsurge in the complexity of laws, regulations, and practices impacting cross-border operations throughout the region. Latin America in Focus shares the latest developments with consequences for the region's tax, legal, and overall business environment—developments that businesses and individuals with investments in Latin America cannot afford to ignore.
Click on any of the headings below to read more about the topic.
In this issue: Focus on technology
The tax authorities are investing heavily in technology and analytics. They are building their own teams and acquiring science technology engineering to create mass capabilities, and at the same time, working with technology vendors. Read full interview.
Many companies in Latin America are still trying to decide whether they need to automate. This dilemma arises from the fact that documenting customs trade-related activities historically has been a manual process. Read full interview. See the highlight video below:
Many tax authorities in the region have been the first to adopt technology into the tax compliance and auditing process and changes are happening rapidly.
With tax departments facing formidable changes on the regulatory front and within their own businesses, it’s difficult to imagine long-term success without making fundamental changes to their operating models. Outsourcing and global business services likely will play a pivotal role in implementing those changes.
Other topics of interest
Governments around the world are harnessing innovative technologies that involve the digital collection and analysis of tax data. Governments are going digital at a rapid pace, and companies have no choice but to match this pace of change and comply or face stiff penalties.
- Latin America M&A Guide 2017
- Global Tax Center – Americas
- 2017 Global Research Bulletin
- M&A in Latin America (Americas Financial Advisory)
- BEPS: Base Erosion and Profit Shifting
- World Tax Advisor
- Deloitte International Tax Source
- Country Highlights
- Deloitte tax@hand
- Deloitte Legal in Latin America
- Common Reporting Standard (CRS) Newsletter