The growing economic crisis has hit multinational companies everywhere. For the ten most admired tax directors in Latin America, the challenges are the same as for large corporations the world over, but there are additional pressures they must deal with. However, Catherine Snowdon finds that experience means tax leaders in the region are coping with these pressures with a positive attitude
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The ruling underscores that tax authorities must provide ‘detailed, well-supported, and logically sound justifications’ when determining reference prices in tax assessments, one expert told ITR
One expert last month predicted the short-term impact of tariffs would be “devastating” for both Canada and the US, particularly if the former instituted retaliatory measures