This newsletter summarises regional tax developments as well as the tax developments within transfer pricing, treaties and indirect taxes. In this edition we look at the reactions of governments to the global financial crisis and the tremendous burden on foreign financial institutions to meet US reporting requirements as a result of the enactment of the Foreign Account Tax Compliance Act (FATCA).
Also covered in the featured articles:
- new requirements set out by the central Bank of the Argentine Republic (BCRA) that are applied to every remittance of funds abroad
- new invoice reporting for deductions in Mexico
- the globalisation of the not-for-profit industry.
About the Global tax newsletter
The Global tax newsletter is a quarterly publication that aims to keep our international tax practitioners and clients up to date on world tax developments which impact globally. This publication addresses global tax issues and domestic tax developments of interest to foreign investors. We aim to cover tax developments on a regional and international basis and showcase the global tax capabilities of Grant Thornton firms.