Mexico Increases Tax Incentives to Promote Nearshoring

On October 11, 2023, in the “Diario Oficial”, the Mexican Revenue Administration Service (SHCP) published a tax incentive to deduct the investment made on

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Argentina Modifies Impuesto PAIS

On July 24, 2023, the Government of Argentina published decree 377/2023 establishing a taxable base for the purchase of foreign currency used in the

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Spain Introduces Tax on Certain Non-Reusable Plastic Packaging

On January 1, 2023, the Spanish Law 7/2022 on waste and contaminated soils will enter into force. This law establishes a tax on certain non-reusable

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Mexico Extends Transition Period for CCP Requirement for Digital Tax Receipts

On September 8, 2022, the Mexican government announced the issuance of the Digital Tax Receipt (CFDI) with the Complemento Carta Porte (Complemento

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Mexico Extends Transition Period for CCP Requirement for Digital Tax Receipts

On April 29, 2022, the Mexican government announced that the issuance of the Digital Tax Receipt (CFDI) with the Complemento Carta Porte (Complemento

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China Exempts Certain Donations from Import Tax

In Announcement No. 17 of 2020, the General Administration of Customs of the People’s Republic of China (GACC) exempted imported donated supplies for

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China Extends Deadline for Duty & Tax Payments

On February 3, 2020, the General Administration of Customs of China (GACC) announced the extension of duty/tax payments due during the extended Chinese

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Malaysia Implements Sales and Service Tax on September 1, 2018

On September 1, 2018, the Royal Malaysian Customs Department will implement the Malaysia Sales & Service Tax (SST) at a fixed rate of 6% on certain

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CBP Releases Information on the Craft Beverage Modernization and Tax Reform Act of 2017

On June 1, 2018, U.S. Customs and Border Protection (CBP) released additional information regarding the Craft Beverage Modernization Provisions of the Tax

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Malaysia Ministry of Finance Announces Fiscal Reform Initiative

On May 17, 2018, the Malaysia Ministry of Finance (MOF) announced a reduction of the Goods and Services Tax (GST) rate from 6% to 0% on all goods and

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Colombia Increases Sales Tax Tariff in 2017

On December 29, 2016 the Colombian National Customs and Taxes Secretary (DIAN) issued a communication on the specifics of the duty increase established in

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