Chile: changes in annual affidavits
During August 2025, the Internal Revenue Service (local tax authority) published updates regarding the tax obligations of [...]
El Salvador: tax incentives for strategic investments
El Salvador has enacted a special regime offering total tax exemptions for large-scale investment projects. This measure targets capital investments exceeding $2.0$ billion USD, drastically minimizing the fiscal burden for capital of this magnitude. The objective is to attract strategic investments that boost productivity, job creation, [...]
Portugal: progressive reduction of Corporate Income Tax (CIT)
Portugal has implemented modifications to its Corporate Income Tax (CIT) rates, impacting entities based on the location [...]
Colombia: new foreign exchange reporting requirements
The Resolution 000204, issued on April 3, 2025, redefines the submission of foreign exchange information [...]
Spain: final days for the Form 231 prior communication
The Spanish Tax Agency (AEAT) has launched a notification campaign reminding taxpayers of the obligation [...]
United Kingdom: new requirements on International Controlled Transactions Schedule (ICTS)
During the past year, the UK Government began introducing the necessary legislation to allow HMRC [...]
Germany: the entry of new legal regulations
The September regulations are now in full effect. Their full impact on operational risk and [...]
France: new tax rates applicable to employer’s mobility contribution
New tax rates have been established for the employer’s mobility payment in France by means [...]
Peru: increases its national exports
The Peruvian market's momentum is undeniable: ADEX's Center for Research on Global Economy and Business [...]
Portugal: introduction of the VAT group regime
The VAT Grouping regime is introduced by Law No. 62/2025, approved in October in Portugal. This [...]