According to the most favored nation (MFN) principle a state has to grant the same foreign trade privilege to other states which it grated to a third state. The principle is the base of GATT
Multiple Latin American countries such as Guatemala, Panama or Paraguay develop their own e-Invoicing models. They follow their regional neighbors with more sophisticated e-Invoicing systems such as Mexico, Brazil or Chile. The most important
At the end of the super election year it is worthwhile to look at the economic prognoses of the region and the individual countries. Where can economic growth be expected? Which political and economic decisions
Because of the encompassing reporting duties the Brazilian finance and tax authorities know almost everything about companies residing in Brazil. Moreover, they have five years’ time to check submitted data and initiate an audit. Such
There is no such thing as a free lunch In Brazil there is a meal benefits system in place, the Programa de Alimentação do trabalhador (PAT), which up until recently enabled companies to contract catering
Potential economic and political consequences of Andrés Manuel López Obrador`s presidency are being explained in this video.
In this video, the consequences of Colombia`s new anti-corruption law are being outlined.
How a strengthening USD, international price fluctuation and regional free trade agreements can influence the outcome of the LATAM elections is analyzed in this article.
Good news for companies doing business in Brazil. The latest edition of the PWC/World Bank Group’s annual publication, Paying Taxes, reveals that it now takes businesses only 1,958 hours a year to comply with their
When is it worthwhile to execute the SAP roll-out in Latin America? Due to the regulatory density, implementing a SAP system is ideal for reducing complexity and ensuring legal security. Developments over the last few