Conference coverage

Brazil risks double taxation in post-BEPs era

Brazil risks double taxation in post-BEPs era

02 December 2016

Brazil’s formulaic transfer pricing rules may result in double taxation for companies if it does not embrace OECD recommendations, heard delegates at the debut Latin Lawyer Tax Summit, held in Miami on 9 November.

Lawyers in the firing line post-Panama Papers

Lawyers in the firing line post-Panama Papers

30 November 2016

The Panama Papers have sped up government anti-tax evasion measures, dramatically reducing clients’ offshore options and shifting customer due diligence to the legal profession, heard delegates at the inaugural Latin Lawyer Tax Summit, held earlier this month in Miami.

Colombia’s 4G attracts big names despite flaws, say panellists

Colombia’s 4G attracts big names despite flaws, say panellists

29 November 2016

Lawyers and bankers praised Colombia’s massive fourth generation (4G) infrastructure programme for bringing international sponsors and banks into the country, but criticised the contracts awarded for being overly complex at Latin Lawyer’s 4th Annual Regional Project Finance Summit held in Washington, DC, two weeks ago.

BEPS-style tax reform casts shadow over LatAm M&A market

BEPS-style tax reform casts shadow over LatAm M&A market

25 November 2016

BEPS-inspired tax reform and other anti-avoidance measures are creating considerable uncertainty in parts of Latin America’s M&A market, but OECD stalwart Mexico has reformed its system without chaotic results, heard delegates at Latin Lawyer inaugural Tax Summit, held on 9 November.

Chile cuts prices but risks energy security, say panellists

Chile cuts prices but risks energy security, say panellists

24 November 2016

Chile has slashed energy prices by introducing new power-purchase agreements (PPAs) that have encouraged renewable power players to enter the market, but the government must do more to promote funding for gas-fired power stations, heard delegates at Latin Lawyer’s 4th Annual Regional Project Finance Summit in Washington, DC last week.

Lawyers praise “exceptional” Argentine renewables programme

Lawyers praise “exceptional” Argentine renewables programme

21 November 2016

Argentina has succeeded in making projects under a new renewables programme bankable, but financial backers must still bear considerable long-term political risk, said lawyers at Latin Lawyer’s 4th Annual Project Finance Summit in Washington, DC on Thursday.

Global tax exchange efforts “drain” in-house resources

Global tax exchange efforts “drain” in-house resources

18 November 2016

Efforts by countries to facilitate the global exchange of tax information are draining multinational companies’ in-house resources as the cost of non-compliance rises, heard delegates at Latin Lawyer’s inaugural Tax Summit, held last week in Miami.

Beyond Car Wash: improving Brazil’s enforcement regime

14 November 2016

Brazilian enforcers are exploring which investigative methods deployed in Operation Car Wash can be used in the country’s other corruption probes, a Brasília prosecutor says.

GAARs lack legal clarity in LatAm

GAARs lack legal clarity in LatAm

10 November 2016

General Anti-Avoidance Rules (GAARs) present in several Latin American countries create commercial uncertainty and are open to tax authority abuse, because the scope of their application against aggressive tax planning is too broad, heard delegates at Latin Lawyer’s inaugural Tax Summit, held yesterday in Miami.

Third parties the “biggest problem” in anti-corruption due diligence today

07 November 2016

Panellists at Latin Lawyer and Global Investigation Review’s 4th Annual Anti-corruption Conference discussed what steps companies need to take in M&A due diligence processes to protect themselves from nasty surprises down the line, and why third-party agents are such a cause for concern.  

Argentina’s competition law limits enforcement success, official says

03 November 2016

Antitrust law needs a significant overhaul to allow Argentina’s National Commission for the Defense of Competition to achieve greater success, commissioner Pablo Trevisan said on Friday. 

Compliance best practice must go beyond the law, agree panellists

02 November 2016

Corporate counsel must implement compliance processes that go beyond the letter of the law if they want to encourage a business culture that truly protects companies from the risk of corporate misconduct, agreed panellists during Latin Lawyer and Global Investigation Review’s 4th Annual Anti-corruption Conference.