On the late evening of September 17th, 2026, the National Chamber of Deputies approved a new package of measures commonly referred to as “Fiscal Innocence II” (“Inocencia Fiscal II”), introducing significant amendments to the Simplified Income Tax Return Regime established under Law No. 27,799 and related provisions of Tax Procedure Law No. 11,683. The reform … Continued
The Argentine Federal Tax Authorities have announced that the United States of America’s Internal Revenue Service has confirmed that Argentina possesses the necessary data security services and the adequate infrastructure to effectively perform the first automatic exchange of financial information, scheduled for September 2024. https://servicioscf.afip.gob.ar/publico/sitio/contenido/novedad/ver.aspx?id=3268
Today’s Chilean Official Gazette unveiled Law No. 21,591, ushering in a transformative “Mining Royalty” tax applicable to Individual and Corporate Miners from January 1st, 2024. Here are the key highlights: 1. Annual Accrual and Reporting: 2. Ad-Valorem Component: 3. Mining Margin Component: 4. General Mining Royalty Rates: 5. Determination Factors: 6. Monthly Provisional Payments: 7. … Continued
On the 24th, Argentina announced Decree No. 377/2023, expanding the scope of the “PAIS Tax” Regulations approved by Decree No. 99/2019. Key changes include: 1. Taxable Transactions: 2. Exchange Rate Impact: 3. AFIP Empowerment: 4. General Resolution No. 5393/2023: Payment on Account Features: For more details, refer to the official publications: Decree No. 377/2023 and … Continued
The Argentine Federal Tax Authorities have released a crucial update on their website, addressing the thresholds of invoicing amounts that necessitate mandatory recipient identification. This initiative aims to fortify the Invoices Issuance Control System. Key Points: By staying abreast of these updates, businesses can navigate the evolving landscape of invoicing regulations and contribute to the … Continued
On July 11th, the official publication of Decree No. 1103 brought significant amendments to Decree No. 1625 – Single Tax Regulations. These changes impact the tax treatment of dividends and participations distributions for resident and foreign individuals, entities, and undivided estates starting from January 1st, 2023. Key Aspects:
