The principle of world source income is justified by reasoning of economic efficiency, as well as by the need for tax systems to be neutral to achieve this objective. A tax system must be neutral and neutrality means that it should not influence the decision of the different economic agents, but rather that the placement of capital or the choice of activities to be developed follow a criterion of economic efficiency, understanding by such, the placement or use of resources in the place and / or activity where they are most productive.
Treatment of transfer pricing in the Tax Compliance Management Plan 2022
January 21, 2022In Chile, the SII (Servicio de Impuestos Internos - Internal Revenue Service) has published the PGCT (Plan de Gestión de…
The IFRS in El Salvador
January 26, 2021IFRS Relevance The IFRS implementation has dynamically benefited El Salvador with the opening of capitals and economic borders, the extension…Individual Income Tax in Uruguay
March 4, 2021The Impuesto a las Rentas de Personas Físicas – IRPF (Individual Income Tax) in Uruguay is regulated in Title VII…
