Peru’s controlled foreign corporation (CFC) rules have been in place from the start of the year. Eduardo Joo Garfias, associate at Amprimo & Flury Abogados in Lima, Peru, analyses their impact to date, and identifies where there is room for improvement.
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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation