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OECD releases 2023 report on tax transparency in Latin America

  • During the recent meeting of the Punta Del Este Declaration, the OECD published a progress report providing an update on cooperation and exchange of information among tax administrations in Latin America.
  • As tax administrations continue to focus on expanding access to information, businesses face heightened scrutiny and the potential for additional inquiries if information they submit is viewed as unclear.
  • Businesses should monitor developments in this area and prepare for new information reporting requirements associated with global tax policy changes.

Source EY

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