The members of the Andean Pact and Venezuela are using tax treaties to compete for foreign direct investment. Jaime Vargas Cifuentes of Deloitte in Colombia, Xavier Ribadenerira, Gustavo Lopez Ameri of Deloitte in Peru and Humberto Romero Muci of Deloitte in Venezuela report on how the agreements take local situations into account
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The report is solid and balanced as it correctly underscores the ambitious institutional redesign that Brazil has undertaken in adopting a dual VAT model, experts tell ITR
The Brazilian law firm partner warns against going independent too early, considers the weight of political pressure, and tells ITR what makes tax cool
Experts reportedly discussed extending the safe harbour to 2027 to give countries more time to legislate; in other news, Baker McKenzie and Greenberg Traurig made senior tax hires