Indirect Taxes can pose challenges, especially when it comes to learning how to manage and comply with them. Applying these scenarios to overseas business in Latin America may present a learning curve due to the fact that Latin America’s average indirect tax rates remain the second highest worldwide (according to KPMG). If your business wants to enter or expand its business interests in any of the Latin American countries, you need to be prepared to take on transactional tax management which varies greatly and proves vastly more complex than U.S. Sales Tax.
This overview helps you understand the common, region-specific key tax challenges and pitfalls associated with integrating systems and managing compliance processes when doing business in Latin America. The information offers a special focus on analyzing the indirect tax systems in Argentina, Brazil, and Mexico with Brazil in particular, presenting one of the most complex, involved indirect tax challenges that often exceed expectations.
After discussing indirect tax rate behaviors across Latin America, our presentation drills into specifics associated with other taxes such as Federal, State, Provincial, City, and Municipal taxes in Argentina, Brazil and Mexico – all which come with their own intricacies and guidelines. Additionally, we review and offer tips to handle the business challenges and pitfalls in the region including varied taxation levels, different rates and legislation, a lack of a unified VAT legislation, and the gradual transfer of services to electronic methods. Overall, you earn insight into the major business challenges facing companies and organizations moving into or expanding through the geographic area.
Some of the key takeaways and capabilities you receive from this webcast include the following:
- Ability to identify and understand the main tax systems in Latin America at a higher level
- Knowledge to discuss and work with the compliance landscape throughout Latin America
- A stronger understanding of the primary tax challenges when doing business in Argentina, Brazil, and Mexico – whether your business wants to enter or expand in the region
View this webcast today.