One of the defining features of Brazil’s tax system is the complexity of its indirect taxes. Notably, the system is marked by fragmented tax bases, the cumulative taxation at each stage of the production process (known as the cascading effect), and the administrative challenges posed by the jurisdiction to tax consumption of three levels of government— the Federal Union, 27 … [Read more...] about Three Innovations of Brazil’s Value Added Tax Reform
Taxes
Boosting Investor Confidence Through Tax Certainty in Latin America and the Caribbean
Tax certainty—the predictability and stability of tax rules—is a critical factor in attracting foreign direct investment (FDI), as it shapes investors’ expectations for returns and long-term engagement. This is underscored by a recent ECLAC report on FDI in Latin America and the Caribbean (LAC), as well as 2024 PwC Pulse Survey, where 61% of tax leaders identified complexity or … [Read more...] about Boosting Investor Confidence Through Tax Certainty in Latin America and the Caribbean
Electronic Invoicing: A Latin American Innovation with Global Reach
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
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
From Data to Action: Learn How Latin American and Caribbean Governments Are Pursuing Better Governance
Latin America and the Caribbean are at a crossroads of environmental sustainability and inclusive development - and public governance plays a critical role in a fair green transition, especially given existing inequalities, limited fiscal capacity, and deteriorating public trust. How are public administrations in our region performing in these and other crucial areas for our … [Read more...] about From Data to Action: Learn How Latin American and Caribbean Governments Are Pursuing Better Governance