Brazil has extended the deadline for commodity transaction registration deadline, issued in Normative Instruction No. 2.249 of 6 February 2025 which outlines amendments to Normative Instruction RFB No. 2.161 of 28 September 2023 regarding transfer

Argentina’s economy minister Luis Caputo announced on an X post a major tax reduction on luxury cars and motorcycles in Argentina on 28 January 2025. This initiative is designed to make high-end vehicles more affordable while boosting demand in

Argentina has announced a reduction in the interest rate for late tax payments, effective from 1 February to 31 March, 2025. The compensatory interest rate for late payments is 7.26% per month, down from 7.47% per month from 1 December 2024 to 31

Argentina’s tax authority (ARCA) has released revised corporate income tax brackets and rates for 2025 on 23 January 2025. Starting from fiscal years beginning on or after 1 January 2025, corporate income tax rates will be applied based on the

Brazil has published Complementary Law No. 214 of January 16, 2025 in the Official Gazette, establishing the framework for the country’s indirect tax reform. These reforms aim to streamline the tax system by replacing or consolidating several

Argentina’s Customs Collection and Control Agency (ARCA) issued General Resolution 5638/25, which introduced a procedure for returning balances of the PAIS tax. Agents responsible for collecting and liquidating the PAIS tax can access the