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.
The Multiple Informative Statement
December 14, 2020The DIM (Declaración Informativa Múltiple - Multiple Informative Statement) in Mexico is an annual declaration filed to the Tax Authority…What is the Country-by-Country Report in Panama?
December 27, 2021Panama enacted Executive Decree No. 46 on May 27, 2019, which established the regulatory framework for the Country-by-Country Report. Country-by-Country…
Market Research and Auditing Processes in Local Reporting
January 4, 2021AN APPROACH TO MARKET RANGE RESEARCH Transfer pricing bases have been present for more than eight decades, with the first…