How can Argentina be compliant with taxes and withholding taxes within NetSuite?

Argentina has been suffering continuously due to the instability of its economy, which has left many companies with constant struggles to comply with the tax compliance regulations. The constant obstacles that the Argentine regulation imposes on foreign companies make them begin to feel insecure. Are you an international corporation that uses subsidiaries that own NetSuite… Continue Reading

How Digital Evolution Influences Latin America’s Tax Compliance System

The way to collect taxes nowadays is bringing headaches to the finance ministries of Latin America and the world.  According to a report published in March by ECLAC (Economic Commission for Latin America and the Caribbean), Argentina (21%), Colombia (19%) and Uruguay (22%) already charge VAT on digital services platforms such as Netflix, Spotify and… Continue Reading

The Headache for NetSuite users: Constant Changes in the Tax System in Latin American Countries

Did you know that the current Deputy of the LVII and LIX Legislatures of the Mexican Congress Alfonso Ramírez Cuéllar is presenting a project to apply taxes to purchases in Amazon, Uber, and Airbnb? If approved, Ramirez stated e-commerce companies, carpooling platforms, and home rental platforms would be subject to the standard 16% VAT charged… Continue Reading