In brief On 5 March 2021, the Federal Tax Authority (FTA) published General Resolution No. 4939 (“Resolution”) in the Official Gazette, through which the procedure for the registration, application and assignment of the Certificates of Fiscal Credit in Guarantee, within the framework of the Plan for the Promotion of Argentine…
Scrutiny by tax authorities can only be expected to intensify because of the pandemic’s impacts on the global…
Baker McKenzie Latin America Financial Institutions industry group’s FintechFest is the first of a series of webinars that aims to…
In brief The COVID-19 pandemic, together with populist politics, political instability, and public health and security concerns, has increased the number of bills of law aimed at addressing taxation of significant amounts of revenues, commonly known as Wealth Tax. We are facing a trend among Latin American jurisdictions to propose…
On 4 November 2021, the Federal Consumer Protection Agency (PROFECO) issued two draft agreements relating to electronic commerce: the guidelines on the Ethical Code on Electronic Commerce (“Code of Ethics”) and the guidelines on the launch of the so-called “Distintivo Digital PROFECO”. The Code of Ethics seeks to establish a set of values and principles for online service providers to protect rights of consumers, promote a culture of responsible consumption, and protect human rights and vulnerable populations. The Distintivo Digital PROFECO, on the other hand, will act as a seal of confidence, with official recognition. Endorsed by PROFECO, it will be granted to online providers that, under PROFECO criteria, fully comply with consumer protection rules and the Code of Ethics.
In brief Federal Tax Authority (FTA) General Resolution No. 4930/2021 (“Resolution”) was published in the Official Gazette on…
Federal Tax Authority (FTA) General Resolution No. 4930/2021 (“Resolution”) was published in the Official Gazette on 8 February 2021, regulating the procedure to assess and pay the Solidarity and Extraordinary Contribution to Help Mitigate the Effects of the Pandemic created by Law No. 27,605 (“Contribution”), as well as certain clarifications related to information regimes related to the Contribution.
As the energy, mining and infrastructure industry in Latin America looks ahead to the new year, we present…
Our latest Latin America Antitrust and Competition Handbook is now available. We have developed this guidance as a…
In brief On 19 January 2020, the Central Bank of Venezuela (BCV) issued new rules on the constitution of legal reserves of banking institutions (“Resolution”).1 The Resolution entered into force on 20 January 2020 and repealed the Resolution No. 20-03-01 (Official Gazette No. 41,840 of 30 March 2020). The legal reserve…