tax

Ecological taxes: new updates in Mexico

Several Mexican states had imposed ecological taxes in order to encourage certain industries to reduce their polluting emissions. In addition, green taxes have recently been imposed as a consequence of the warning issued by the Mexico Climate Initiative (MCI) that Mexico's...

ESG and tax: what does best practice look like?

There is currently a significant mismatch between the high importance the public places on companies paying the right amount of tax, and the lower emphasis that tax has in discussions on ESG. This mismatch provides an opportunity for businesses to...

Chile looks to overhaul tax credit system

Chile introduced a new tax reform bill on 7th July 2022. The “tax reform towards a fiscal pact for social development and justice” was presented by the Chilean President and is currently progressing through the National Congress. In line with...

Are you ready for the GloBE tax challenges?

On 14 March 2022, the OECD published a comprehensive commentary and illustrative examples of how implementing the Global Anti-Base Erosion Model Rules (GloBE rules) could look. In this blog, we discuss the GloBE rules and examine how the rules apply...

India: Most Favoured Nation Clause causes controversy

India has signed double tax avoidance agreement (DTAA) treaties with several countries and entered into a protocol, inter-alia, containing the Most Favoured Nation (MFN) clause with 13 countries including France, Belgium, Spain, Sweden Switzerland, and the Netherlands. The MFN clause...