Tax & Accounting Blog

OECD Council Approves 2017 Update to OECD Model Tax Convention

OECD Council Approves 2017 Update to OECD Model Tax Convention

On November 23, 2017, the OECD issued a press release on the OECD Council approving the contents of the 2017 Update (“2017 Update”) to the OECD Model Tax Convention (the “Convention”) on November 21, 2017. The 2017 Update, which was previously approved by the Committee on Fiscal Affairs on September 28, 2017, will be incorporated … Read More

Brazil Must Adopt a New and Urgent Mindset in Regards to its Commercial Approach

Brazil Must Adopt a New and Urgent Mindset in Regards to its Commercial Approach

Blog, Global Trade, ONESOURCE November 24, 2017

Brazil has historically been identified as a protectionist country, with many elements to demonstrate this assertion. For example, when trading with other countries under Free Trade Agreements, Brazil’s exposure to the world’s consumers is only 8%, according to a study by CNI (National Industry Confederation). If compared to Brazil’s neighbors Chile … Read More

Argentina Includes BEPS Proposals in Draft Tax Reform Bill

Argentina Includes BEPS Proposals in Draft Tax Reform Bill

On November 15, 2017, Argentina issued its draft tax reform bill, which includes a number of BEPS measures. These measures are discussed below. Value Added Tax (VAT) (BEPS Action 1) This bill proposes to incorporate legislation regarding digital services where the provider is resident or domiciled outside … Read More