Industries and markets

Argentina: How MiPymes will affect Big Business

What is MiPymes? The MiPymes Electronic Credit Invoice Scheme has been created for of micro, small and medium enterprises (MSME) in order to issue electronic credit invoices instead of the current electronic invoices, when they

Tax changes endangers Peru’s beer industry

“The modification would be applied to the Selective Consumption Tax (ISC) and to the Income Tax (IR) to improve the Peruvian tax system. Now, the method with which the beer is taxed goes from a

Political polarization in Colombia is already making noise in the economy

“Despite having signed a peace agreement, the country remains divided politically and socially.”

Argentina sells two Pampa III jet trainers to Guatemala

“The deal, worth US$ 28 million, was signed on 3 July by the Argentine and Guatemalan defense ministers, Oscar Aguad and General Miguel Ralda respectively, along with Antonio Beltramone, the president of Argentine state aircraft

Brazil justice minister considered leak to harm Maduro: Report

“Moro considered releasing construction firm Odebrecht’s confession to paying bribes in Venezuela, the Intercept reports.”

Ex Rio governor admits paying US$ 2 million to ensure 2016 Olympics

“Sergio Cabral told a judge the money went to Lamine Diack, the former president of the International Association of Athletics Federations (IAAF) and was used to buy as many as nine votes.”

Argentine fishing industry against granting facilities to the Chinese fleet in the South Atlantic

“The different chambers of the Argentine fisheries industry have joined efforts to expose alleged plans to grant the Chinese fishing fleet in the South Atlantic, “strategic corridors” in Patagonia ports for support and maintenance of

Falkland Islands and Brazil: Agreement reached for historic commercial flight

“An agreement has been finalised with LATAM Airlines Brazil to introduce a second international commercial air link to the Falkland Islands with a weekly service from São Paulo/Guarulhos (with a monthly stop in Cordoba, Argentina),

IMF expected to release the next US$ 4.5bn disbursement to Argentina in mid July

“Argentina’s economic policies are yielding results,” acting IMF chief David Lipton said in a statement, noting that the government achieved all the targets agreed with the fund including on budget policy and social spending.”

International Approaches to taxing the Digital Economy

New technologies fuel the trend of digitization and change the economy by: Decoupling it from the physical presence of service providers or producers Reducing the use of tangible assets in favor of intangible ones (e.g.