Latin America in Focus
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
Tax compliance is not for the faint of heart. Proper execution can directly affect cash flow, the defensibility of tax return positions, risk management, and ultimately the public’s perception of a company as a responsible taxpayer.
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The tax authorities issued a private letter ruling on 23 August 2017 that addresses the tax treatment of reimbursement payments made by a Brazilian company to its foreign parent or a foreign related company.
The congress has approved a bill that includes measures to implement the OECD common reporting standard, extend the transition rules under the dual tax regime and abolish the investment platform regime.
Decrees published in the federal official gazette on 29
September 2017 officially launched three special economic zones (SEZ) in the country. The SEZs, which apply as from 30 September 2017, provide for preferential income tax, VAT and customs duty treatment for companies operating in the zones.
A resolution wasvpublished in the official gazette on 13 October 2017 to update the procedure for requesting an exemption from the application of the alternative method for calculation of the corporate income tax and to establish a list of optional information that taxpayers may provide to supplement and support their requests.
- 2017 BEPS global survey
- Artificial Intelligence (AI) series
- World Tax Advisor
- Deloitte International Tax Source
- BEPS: Base Erosion and Profit Shifting
- Country Highlights
- Deloitte tax@hand
- Latin America M&A Guide 2017
- Deloitte Legal in Latin America
- Common Reporting Standard (CRS) Newsletter