This article explores the efforts of Latin America and the Caribbean(LAC) countries in addressing challenges related to international tax planning andcompliance for multinational companies.It highlights the importance...This article explores the efforts of Latin America and the Caribbean(LAC) countries in addressing challenges related to international tax planning andcompliance for multinational companies.It highlights the importance of corporateincometax (CIT)in theregion,theadoption of oECD's BEPS Action Plan,and theevolution of transfer pricing (TP) regimes.The article also examines anti-abuse measures,the implementation of General Anti-Avoidance Rules (GAARs),and the complexitiesfaced by tax administrations in a globalized and digitalized economy.Whilesignificant progress has been made, the article underscores the need for innovativereforms to enhance compliance,reduce disputes and strengthen enforcement on thesideof thetaxadministrations.展开更多
Raising tax certainty constitutes a fundamental for investment de-cisions by multinational enterprises(MNEs)while it is highly valuable also for tax administrations.Therefore,it has been considered as one of the core ...Raising tax certainty constitutes a fundamental for investment de-cisions by multinational enterprises(MNEs)while it is highly valuable also for tax administrations.Therefore,it has been considered as one of the core areas by the BRITACOM parties.Over the past few years,considerable attention has been devoted to improving tax certainty while new challenges arise.This article analyses some of the recent advances and emerging initiatives in terms of raising tax certaintywww.britacom.org mechanisms for cross-border transactions in areas such as dispute prevention and resolution,transfer pricing,General Anti-Avoidance Rules(GAARs)and the taxation of digital economy.展开更多
文摘This article explores the efforts of Latin America and the Caribbean(LAC) countries in addressing challenges related to international tax planning andcompliance for multinational companies.It highlights the importance of corporateincometax (CIT)in theregion,theadoption of oECD's BEPS Action Plan,and theevolution of transfer pricing (TP) regimes.The article also examines anti-abuse measures,the implementation of General Anti-Avoidance Rules (GAARs),and the complexitiesfaced by tax administrations in a globalized and digitalized economy.Whilesignificant progress has been made, the article underscores the need for innovativereforms to enhance compliance,reduce disputes and strengthen enforcement on thesideof thetaxadministrations.
文摘Raising tax certainty constitutes a fundamental for investment de-cisions by multinational enterprises(MNEs)while it is highly valuable also for tax administrations.Therefore,it has been considered as one of the core areas by the BRITACOM parties.Over the past few years,considerable attention has been devoted to improving tax certainty while new challenges arise.This article analyses some of the recent advances and emerging initiatives in terms of raising tax certaintywww.britacom.org mechanisms for cross-border transactions in areas such as dispute prevention and resolution,transfer pricing,General Anti-Avoidance Rules(GAARs)and the taxation of digital economy.
