Tax Incentives in Latin America 05/11/2012
CHILE a) Tax Stability Agreements b) Free Trade Zones b) Free Trade Zones c) Regional Incentives d) Industry Specific Incentives e) Export Incentives f) R&D Investments Incentives g) Chilean Holding Company h) Tax Treaties and Free Trade Agreements Tax Incentives in Latin America
Colombia a) Free Trade Zones b) Andean Pact and tax treaties b) Andean Pact and tax treaties c) Free Trade Agreements d) Incentives for new small businesses and specific industries e) Colombian Branches of Foreign Corporations only taxed on Colombian-Source Income Colombian Source Income Tax Incentives in Latin America
Ecuador a) Reinvestment of Profits reduces the Income Tax Rate from 22% to 12% b) Certain Deferral of Income Tax payments for new investments b) Certain Deferral of Income Tax payments for new investments c) Tax Treaties d) Special Benefits for Investments in certain areas and certain industries. e) No withholding taxes for interest payments to international banks on loans granted for more than 1 year loans granted for more than 1 year Tax Incentives in Latin America
Guatemala a) Maquila operations b) Investments in new source of renewable energy b) Investments in new source of renewable energy c) Economic benefit for companies in the care and use of forests d) New updated income tax law to become effective as of January 1, 2013 and it all appears that all exemptions will be gone by 2015 Tax Incentives in Latin America
Mexico a) Maquila operations b) Tax treaties and Free Trade Agreements b) Tax treaties and Free Trade Agreements c) No tax liability on the sale of shares listed in the Mexican Stock Exchange d) Special tax treatment for investments in Mexican Companies not listed in the Stock Exchange e) Tax Benefits for the Film Industry and for the theater f) Tax Benefits to Employers that hire persons with disabilities g) Special tax treatment for Trusts and Companies that are in the business of acquiring or bulding real state h) Immediste deduction for a large percentage of investments in fixed assets. Except for the D.F., Guadalajara and Monterey Tax Incentives in Latin America
Nicaragua a) Temporary Admissions System b) Export Processing Zones b) Export Processing Zones c) Incentives for new Investments in Renewable Energy d) Incentives for Tourism Industry, Forest, Construction, etc. Tax Incentives in Latin America
Panama a) Zona Libre de Colón b) Free Trade Zones b) Free Trade Zones c) Call Centers d) Legal Stability and Protection for Investment in various industries e) Panama Holding Company Tax Incentives in Latin America
Paraguay a) Maquila operations b) Incentives for new Investments b) Incentives for new Investments c) Territorial System of Taxation d) Holding Companies Tax Incentives in Latin America
Peru a) Stability Agreements b) Tax Treaties and Free Trade Agreements b) Tax Treaties and Free Trade Agreements c) Export Centers d) Amazons Area Incentives Tax Incentives in Latin America
Puerto Rico a) Manufacturing, Assembly and Services rendered to nonresidents of Puerto Rico b) Hotels and Tourism Incentives c) Financial operations Incentives d) Individuals that acquire domicile in Puerto Rico e) Tax Exemption for various industries e) Tax Exemption for various industries Tax Incentives in Latin America
Uruguay a) Territorial System of Taxation b) Incentives for various industries b) Incentives for various industries c) Incentives for small companies d) Customer Service Centers for nonresidents of Uruguay e) Free Trade Zones f) Call Centers in the Free Trade Zones g) Holding Companies Tax Incentives in Latin America
Venezuela a) Tax Treaties b) Incentives for various industries b) Incentives for various industries c) Investments into Venezuela always through a company located in a country that has signed a protection of investment agreement with Venezuela Tax Incentives in Latin America
Recommend
More recommend
