Starting January 1, 2025, the rules governing payroll tax exemptions in Brazil have changed significantly for companies under the desoneração...
Tag: taxes
Key Changes for Exporters: No Annual Cap and Greater Flexibility in Argentina
In a move that could significantly impact many professionals and small businesses in Argentina engaged in exporting services, the Central...
Latin America and the Caribbean Economic Outlook 2025: Impacts and Recommendations for Businesses
The Economic Commission for Latin America and the Caribbean (ECLAC) warns that the region will maintain moderate growth, projecting 2.2%...
Costa Rica approves new income scale for self-employed workers
The recent approval of Law 23.578, which will come into effect on January 1, 2026, brings a significant change to...
Which Goods and Items Can You Bring into Peru Duty-Free in 2025?
When traveling internationally, whether for business or tourism, it is essential to stay informed about the current customs regulations. The...
Fiscal Transparency Regime: A New Standard for Business in Argentina
With the entry into force of General Resolution No. 5614/2024 and under the framework of Law No. 27.743, the Fiscal...
Uruguay: Regional Hub for Global Services
Uruguay is one of Latin America’s most attractive destinations for foreign investment. This position has been achieved due to its...
The Colombian Superintendency of Companies Requests General Purpose Financial Statements for the year-end 2024
The Colombian Superintendence of Companies has issued a circular urging business entities to submit their General Purpose Financial Statements for...
Chile: strategic platform to open markets in Latin America and sustainable growth
Chile has established itself as a key destination for foreign investment thanks to its institutional stability, commitment to sustainability, and...
Spain and Latin America: a strategic alliance that generates new global opportunities
The link between Spain and Latin America has become more interdependent, with reciprocal investment flows contributing to the economy on...
Colombia moves forward in the modernization of insurance accounting with Decree 1271 of 2024
On October 15, 2024, the Colombian National Government issued Decree 1271, a significant step towards modernizing accounting for the insurance...
Chile: Impact of Transfer Pricing Adjustments on Indirect Taxes
By Marcos Rivera, Head of transfer pricing division at Englobally Latin America Now that we are close [1] to the expiration of...
Chile: Transfer Pricing Obligations AT2024
Every year, until the last working day of June[1], taxpayers must submit to the Internal Revenue Service (SII) affidavits relating to formal...
Brazil: know the main changes in the Personal Income Tax (IRPF) return for 2024
Understanding the changes and the rules for this year’s returns helps to avoid problems and setbacks when submitting the information,...
Latin America looks to Spain as a place for investment opportunities
Until some time ago, money mainly traveled from Spain to Latin America, but the journey has changed direction. According to...
Peru: new law for MSMEs frees funds from tax deduction accounts
Withholding tax accounts are special accounts regulated by Legislative Decree No. 940 and Legislative Decree No. 1110; they facilitate the...
Nearshoring in Mexico and its Tax Considerations
By CP y MI Mario Cesar Nuñez Jimenez. CEO Englobally México In Mexico, a country of great opportunities for doing...
The 7 advantages of Accounting Outsourcing for companies in Peru
Business accounting is a fundamental element for the success of any company, both in Peru and anywhere in the world,...
Any gain obtained by selling cryptocurrencies is considered taxable income in Chile
Cryptocurrencies refer to digital or virtual assets backed by a unique digital registration system known as blockchain. These are decentralized and not controlled...
Certificate of Compliance with Labor and Social Security Obligations will be obtained online
As of August 30, the Certificate of Compliance with Labor and Social Security Obligations (F-30-1) must be done exclusively through the digital...
In 2022, Chile was Latin America’s third-largest recipient of FDI
The latest Foreign Direct Investment (FDI) report was published last Monday by the Economic Commission for Latin America and the Caribbean (ECLAC). According...
Colombia: Consumption tax returns from January 1st
In December 2020, the Colombian government adopted a series of measures to help different sectors affected by the coronavirus pandemic....
Latin America joins global corporate minimum tax initiative
The proposal made by the G20 countries at the recent G20 summit in Rome, seeks to level the tax collection...
Latin America discusses taxing the super-rich to help with pandemic expenses
The taxing of the super-rich is a hot topic at the moment around Latin America. It is a region which...