Recommended article: CFC rules in LatAm

🌎 In a recent post published on Taxlatam and titled “Controlled Foreign Corporation Rules en LATAM: Volumen II”, Francisco Tochetti, Sebastian Cersosimo and Manuel Lessa Stewart highlight a number of new and important developments in the CFC rules of Brazil, Ecuador and Chile. The authors also compare those to the CFC rules in Spain and in the U.S. (with a few remarks about the The Supreme Court of the United States decision in Moore v. United States).

The post is available in Spanish here: https://bit.ly/4d48n6E 📙 It is a second installment of a series of posts that started with this other publication in December of 2022: https://bit.ly/4d3fRqv 📘

If you are interested in reading more about the topic of CFC rules in Latin America, here is a list of recent articles recommended by the Latin American Tax Policy Forum (LATPF):

➡ “Lucros de controladas no exterior, tratados internacionais e seu debate atual no Carf” (“Profits of controlled entities abroad, international treaties and their current discussion in the Federal Administrative Tax Court”), by Sergio André Rocha and Thais De Laurentiis. Published by Revista Consultor Jurídico (ConJur) in Portuguese (2022). Available at: https://bit.ly/4cLB3l1

➡ “Del régimen de entidades controladas del exterior, características e implicaciones de su incorporación en el régimen tributario colombiano” (“The Controlled Foreign Company, characteristics and implications of its incorporation in the Colombian Tax Regime”), by Julieta Ospina Garcia. Published by Universidad Externado de Colombia in Spanish (2018). Available at: https://bit.ly/4d4JDez

➡ “Constructive Ownership and the Meaning of Control for CFC Purposes”, by Lucas de Lima Carvalho. Published by Tax Notes (2024). Available at: https://bit.ly/3UWcPOA

➡ “Los ingresos pasivos en transacciones con bienes corporales en el marco del régimen de entidades controladas del exterior” (“Passive income in transactions with tangible assets under the regime of controlled foreign entities”), by julian alberto zambrano sanchez. Published by Benemérita Universidad Autónoma de Puebla in Spanish (2020-2021). Available at: https://bit.ly/3zLf9jk

➡ “Dos Lucros Contábeis Registrados por Controladas Localizadas no Exterior e os Limites Jurídicos para a Glosa de Despesas neles Registradas” (“Accounting Profits Recorded by Subsidiaries Located Abroad and the Legal Limits for the Disallowance of Expenses Recorded Therein”), by Alexandre Evaristo Pinto and Luis Henrique Toselli. Published by APET Direito Tributário in Portuguese (2021). Available at: https://bit.ly/4d91OQq

➡ “Normas CFC en Chile: análisis particular del requisito de control de entidades extranjeras del Artículo 41 G de la LIR” (“CFC rules in Chile: Specific analysis of the requirement of control of foreign entities in Article 41 G of the Income Tax Law”), by Francisco Ossandón Cerda. Published by Universidad de Chile (UCHILE) in Spanish (2019). Available at: https://bit.ly/3W8Q6hM