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Member Articles


Portugal Tax Updates December 2022

Dec 30, 2022: Extension of the Deadline for Compliance with Tax Obligations In view of the day-off granted to public service workers on December 30, the Secretary of State for Tax Affairs has determined, by Order N ...

Virginia Releases Draft Guidelines for Pass-through Entity Tax Elections

On October 31, 2022, the Virginia Department of Taxation (the “Department”) released draft guidance (the “Draft Guidelines”) on Virginia’s elective pass-through entity (PTE) tax, addressing how to make a PTE ta ...

Uruguay Will Levy Corporate Income Tax on Foreign-Sourced Income

As from 1 January 2023, passive foreign-sourced income which currently is excluded from the scope of Corporate Income Tax (i.e., real estate rents, dividends, interests, royalties, and other passive income including capi ...

VAT Treatments to Help Manage Your Cashflow

Businesses are continuing to face uncertainty arising from tensions created by the global political and economic situation and the impact of the pandemic. These issues have the potential to impact significantly on your c ...

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