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International Correspondent

News and Analysis

  • World Tax and World Transfer Pricing 2014 questionnaires are available now

    April 03, 2013

    The research has now started for the new edition of World Tax and the first edition of World Transfer Pricing, International Tax Review's directories of leading tax and transfer pricing firms around the world.

  • Supreme Federal Court will review whether courts can alter rules that govern tolling of statute of limitations in tax matters

    February 11, 2013

    In a recent decision, the Supreme Federal Court of Brazil, which has jurisdiction over constitutional issues, acknowledged the need to examine whether the Brazilian Federal Constitution was violated by decisions of the Superior Court of Justice regarding Decision No. 106 to rule that the applicable statute of limitations will be tolled for purposes of tax debts, and therefore the right of Brazil’s tax authorities to make tax assessments will be maintained, where a matter is not adjudicated because of delays by the Judiciary.

  • Supreme Federal Court will review whether courts can alter rules that govern tolling of statute of limitations in tax matters

    February 06, 2013

    In a recent decision, the Supreme Federal Court of Brazil, which has jurisdiction over constitutional issues, acknowledged the need to examine whether the Brazilian Federal Constitution was violated by decisions of the Superior Court of Justice regarding Decision No. 106 to rule that the applicable statute of limitations will be tolled for purposes of tax debts, and therefore the right of Brazil’s tax authorities to make tax assessments will be maintained, where a matter is not adjudicated because of delays by the Judiciary.

Supplements

  • Introduction

    September 01, 2010

  • Argentina: Transfer pricing rules in need of change

    September 01, 2010

    Augusto Martín Camarero and Armando Cabrera describe the way Argentine transfer pricing rules still fall behind more developed tax codes. The lack of advance pricing agreements and quasi acceptance of secret comparables cause problems.

  • Brazil: Caution advised to avoid disaster

    September 01, 2010

    Simone Dias Musa, Clarissa Machado and Camilla Lagrasta explain how not following the OECD guidelines makes the Brazilian rules difficult to follow. With fixed margins regardless of industry and new thin capitalization rules, taxpayers need to be aware of the complex legislation.

  • Chile: Unclear if OECD principles apply to local rules

    September 01, 2010

    In Chile, the rules technically follow the OECD guidelines, but Miguel Zamora and Ana Paula Güitrón say it is not clear whether this is true. Advisers still struggle to know which transfer pricing methods are allowed.

  • Mexico: Moving forward along a different path

    September 01, 2010

    In Mexico, the transfer pricing rules have been in force since 1997, a relatively long time in Latin America. Moisés Curiel, Carlos Linares and Emilio Angeles talk taxpayers through staying on the right side of the notoriously strict

  • Peru: Transfer pricing rules are developing rapidly

    September 01, 2010

    Since the arm's-length principle was introduced in Peru in 2001, there have been multiple updates and extensions to the rules on transfer pricing. Claudia González-Béndiksen and Paola Gutiérrez list the important points taxpayers must be aware of, such as maintaining stringent documentation as well as filing an annual sworn informative return.

  • Venezuela: Taxpayers are at risk of severe penalties

    September 01, 2010

    Ronald Evans and Gustavo Sánchez discuss Venezuela's complex rules and explain that taxpayers must strive to comply with the legislation or face heavy penalties.

  • Brazil publishes its black and greylists

    September 01, 2010

    Andrea Bazzo Lauletta and Luiz Felipe Centeno Ferraz of Mattos Filho, of Veiga Filho, Marrey Jr e Quiroga Advogados in Brazil explain how the country is modernising its categorisation of tax havens and privileged tax regimes.

  • Editorial

    April 01, 2010

    Getting off the blocks

  • Brazil: Structuring the acquisition of a Brazilian business

    April 01, 2010

    Tax saving opportunities carry considerable weight in the decision about the best M&A structure in Brazil, explain Cristiane Magalhães and Fabíola Costa Girão of Machado Associados



 

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The world of tax planning is changing, bringing new risks and challenges for taxpayers. The change may be gradual, but companies should not ignore how significant it is.


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