Uruguay Closes Its Tax Door on Foreign Income in 2026
A new 12% tax on foreign income and gains starts July 2026. The cheap residency route is gone, offshore accounts...
June 2, 2026Topic
Taxes
El Salvador zeroes out taxes on technological innovations in new bill
El Salvador's President Nayib Bukele announced via Twitter that he would present a bill to Congress next week that aims...
March 25, 2023
Chilean treasury revenues register annual increase of 9.1% in January, driven by lithium revenues
Revenues to the Chilean Treasury recorded an annual increase of 9.1 percent in January 2023, mainly influenced by higher property...
March 4, 2023
Lula defends readjustment of income tax so that the richest pay more
Brazilian President Luiz Inácio Lula da Silva said yesterday that he wants to readjust the Personal Income Tax table so...
January 19, 2023
Lula da Silva’s new tax could take US$4 billion out of Brazilian worker’s pocket per year
Before the approval of the labor reform, in Michel Temer's government, unions, central unions, federations, and confederations took
November 22, 2022
Brazil’s federal tax revenue rises 17.96% in June to record high
Brazil's federal tax revenues grew 17.96% year-on-year in June to a record high, according to official data released Thursday, boosted...
July 21, 2022
Brazil’s government to further cut import duties to contain prices
The government is considering a new round of import tax cuts. The idea is to make a general cut of...
May 9, 2022
USA changes credit rules and companies in Brazil fear double taxation
A change in U.S. credit rules has led U.S. companies operating in Brazil to fear double taxation. In response, sources...
May 9, 2022
Fuels generate record tax revenue for Brazilian states in 1st quarter
The ICMS tax on motor fuels and lubricants drew record collections from states in 1Q2022. The federal entities collected R$32.76...
May 4, 2022