On 20 July 2020, the Ministries of Economy and Finance and Health issued the Joint Resolution Nos. 016-2020 and 111-2020, respectively, whereby include new tariff codes for goods aimed at preventing the spread of the COVID-19 pandemic (“Resolution”).1 The Resolution entered into force on 23 July 2020.
Baker McKenzie’s VAT/Indirect Tax Practice presented ‘Digital Services in Latin America,’ on 12 August 2020. This was the second presentation in the International VAT Conference Webinar Series, a global webinar series designed for VAT specialists from all industry sectors that aims to discuss the latest developing trends and hot topics in the VAT/GST and customs arena.
The COVID-19 pandemic has affected all countries in Latin America. Administrative measures that limit or restrict economic activity…
In view of the health crisis in Latin America following to the outbreak of COVID-19, as well as the economic and social impacts of this situation, many people and companies have expressed interest in collaborating with the governments to support their goal of preventing and controlling the spread of the…
The Presidential Press’1 and the Ministry of Habitat and Housing’s2 Twitter accounts announced on August 9, 2020 the execution of the “National Agreement of Municipal Tax Harmonization” (“Agreement”), prepared by the Bolivarian Council of Mayors of Venezuela3 to harmonize municipal taxes in 305 Venezuelan municipalities. (Venezuela has 335 municipalities). Click here to see a copy of the Agreement, dated July 29, 2020. (available only in Spanish)
The Office of the National Superintendent for Securities (NSS) issued Notice No. DSNV/CJU/00520 of June 14, 2020,[1] whereby it established the guidelines to continue the activities of the securities market, under the Easing Measures for the National Quarantine Plan (7+7) and the Constitutional State of Alarm generated by the COVID-19 pandemic (“Notice”).
The Notice applies to security brokers, brokerage houses, stock exchanges and other subjects regulated by the Decree with Rank, Value and Force of Securities Market Law (“Subjects”).
The 7+7 easing timetable consists of a cycle of seven quarantine days and seven easing days, until a vaccine for COVID-19 is found. The Subjects will work and have customer service activities solely in a determined schedule within the seven easing days. The 7+7 easing timetable may be subject to change by the National Executive.
Our Latin America Employment and Compensation team is pleased to provide you with this quick guide which includes six key topics when planning to reopen the workplace around 7 jurisdictions in Latin America.
The Autonomous Service of Registries and Notaries (“SAREN”) published on June 14, 2020 in its website’s news section and in its social media1 an announcement about the incorporation of Commercial Registries, Public Registries, Public Notaries and Principal Registries (“Registries and Notaries”) to the 7+7 easing timetable established by the National Executive.
The 7+7 easing timetable consists of seven quarantine days per seven easing days, until there is a vaccine for COVID-19. Registries and Notaries will only open in specific work hours within the seven days of the easing period.
To this date, no regulation in this respect has been published through an Official Gazette.
In this webinar, Esteban Rópolo, competition law expert and partner, presents the legal and economic challenges and…
On August 5, 2019, President Trump issued Executive Order 13884 (“Venezuela EO”) blocking all property of the Government of Venezuela (“GOV”), a significant escalation of sanctions against the regime of President Maduro. Statements issued by the White House and State Department indicate that this escalation is meant to target the Maduro regime for its continued abuses…