- During the recent meeting of the Punta Del Este Declaration, the OECD published a progress report providing an update on cooperation and exchange of information among tax administrations in Latin America.
- As tax administrations continue to focus on expanding access to information, businesses face heightened scrutiny and the potential for additional inquiries if information they submit is viewed as unclear.
- Businesses should monitor developments in this area and prepare for new information reporting requirements associated with global tax policy changes.
Source OECD
Latest Posts in "World"
- Zampa VAT Newsletter Q.4 2025
- Withholding VAT on Non-Resident Digital Services: Mechanisms, Compliance, and Global Approaches
- OECD Issues Guidance on Digital Continuous Transaction Reporting for VAT Compliance and Implementation
- Why E-invoices Get Rejected After Validation: 9 Essential Data Enrichments for Compliance
- Global VAT and Indirect Tax Rate Changes Effective in 2026: Key Updates by Jurisdiction
