Over the past two decades, electronic invoicing (e-invoicing) has transformed tax administrations worldwide. This innovative solution was created in Latin America and first launched in 2003 in Chile, and then in Brazil and Mexico. Since then, this digital transformation has significantly increased transparency and tax collection and reduced economic informality in many … [Read more...] about Electronic invoicing: A Latin American Innovation with Global Reach
Alberto Barreix
Alberto Barreix is a fiscal consultant for CIAT and the IDB, where he was the Fiscal Principal Leader. At the IDB, he led technical assistance in fiscal reforms in Latin America and the Caribbean. He has been a lecturer and researcher at the Schools of Government and Law, and a consultant in Asian countries at Harvard University, where he obtained a PhD, a master's degree in public administration, and another in international taxation. His contributions include co-authoring the semi-dual income tax, the personalized VAT (IVA P), and the equivalent fiscal pressure.
The Future of Tax Administrations Lies in the Intelligence Generated by Big Data
Digital transformation, professionalization of the public administration, and greater international tax cooperation are driving the creation of a second mission within tax administrations beyond traditional tax control: the data agency. This new stage of institutional evolution of the TA is the topic we address in the study Quo vadis, administración … [Read more...] about The Future of Tax Administrations Lies in the Intelligence Generated by Big Data
Advances in the new international taxation and challenges for Latin America and the Caribbean
In the fourth quarter of 2021, 137 countries reached a ground-breaking agreement on the reform of international aspects of Corporate Income Tax (CIT) within the OECD-coordinated Inclusive Framework (IF) on BEPS (Base Erosion and Profit Shifting). Thirty-one of these are Latin American and Caribbean (LAC) countries, and they are currently working to ensure that the voluntary … [Read more...] about Advances in the new international taxation and challenges for Latin America and the Caribbean
Revisiting Personalized VAT: A Tool for Fiscal Consolidation with Equity
The economic contraction tracked by the COVID-19 pandemic has created large fiscal imbalances that will lead Latin American and Caribbean (LAC) governments to pursue fiscal consolidation policies to increase revenues and reduce expenditures. In the tax realm, questions inevitably arise as to the adequacy of tax revenues and the equity of the proposed measures. That calls for … [Read more...] about Revisiting Personalized VAT: A Tool for Fiscal Consolidation with Equity
The Impact of International Trade and BEPS Commitments on Tax Incentives and Collection
In memory of Juan C. Gómez Sabaini and Francisco de Paula Gutiérrez The tax incentive for private investment most widely applied in the Latin American and Caribbean (LAC) jurisdictions (25) is a lower corporate income tax (CIT) rate in certain industries or specific regions. If well designed and implemented, the reduced rate is a tool available to governments to foster … [Read more...] about The Impact of International Trade and BEPS Commitments on Tax Incentives and Collection