Americas

Bahamas: Bahamas Real Property Tax Changes Impact Non-Resident Owners

Recent amendments to the Real Property Tax Act and the International Persons Landholding Act, gazetted in July 2026, introduce revised tax rates, valuation methodologies, and filing obligations specifically targeting non-Bahamian residential property owners. These changes respond to escalating foreign investment in the Bahamian real estate market and aim to ensure equitable tax contribution while maintaining

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Uruguay: Uruguay Tax Guide: Closure of Foundations and Associations Procedure

On 9 September 2026, the Directorate General of Taxation issued a dedicated guide for the closure of foundations and civil associations (Fundaciones y Asociaciones). This procedural document addresses the dissolution and liquidation requirements for nonprofit entities registered under Laws 16.170 and 19.838, ensuring compliance with tax exemption regimes and asset distribution rules. The guide clarifies

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Uruguay: Uruguay Tax Bureau Releases Redtickets S.A.S Domicile Data

On 9 September 2026, the Dirección General Impositiva (DGI) of Uruguay published its official response to a public information access request filed under Law No. 18.381. The petitioner sought the most recent registered domicile of the legal entity Redtickets S.A.S. The tax authority’s disclosure fulfills statutory transparency obligations and provides verified address data for the

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Peru: Peru IAT Launches Vehicle Intervention Training for Customs Officers

On 9 September 2026, the Customs and Tax Institute (IAT) of Peru’s National Superintendency of Customs and Tax Administration (SUNAT) inaugurated the “Vehicle Intervention Techniques – Basic” course. This initiative operates under the 2026 People Development Plan (PDP 2026) and targets Customs Control Specialists (Customs Officers) responsible for enforcement at borders, ports, and inland checkpoints.

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Bolivia: Over 252,000 Taxpayers Benefit from Bolivia Total Debt Forgiveness

On 9 September 2026, Bolivia’s National Tax Service announced that more than 252,000 taxpayers have benefited from total debt forgiveness under the Tax Relief Law. This measure, part of a broader fiscal stimulus package, cancels outstanding tax liabilities including principal, interest, and penalties for eligible small businesses and individuals. The initiative aims to reduce the

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Peru: Peru IAT Starts Canine Unit Recertification Course for Customs

On 1 September 2026, the IAT commenced the “Canine Unit Recertification – Group 2” course as part of the PDP 2026. This specialized program targets certified canine handlers and their detection dogs assigned to the National Customs Control Intendency (INCA) and major customs offices such as the Callao Maritime Customs. The recertification process is mandatory

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Peru: Peru SUNAT Trains 1,700 Staff on Information Security Compliance

Running from 17 August to 18 September 2026, the “Information Security G2” course is a massive virtual self-paced training initiative under the PDP 2026, engaging over 1,700 SUNAT servants across all organizational units. The course curriculum encompasses the full spectrum of information security management: legal frameworks (Peru’s Personal Data Protection Law No. 29733, OECD Guidelines

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Peru: Peru IAT Launches Virtual Customs Risk Management Training Course

Beginning 24 August 2026, the IAT launched the “Customs Risk Management – Group 2” course in virtual self-instructed mode under the PDP 2026. This training targets customs officers across all intendencies and customs offices nationwide. The curriculum covers the theoretical foundations of risk management in customs (WCO Risk Management Compendium), the design and calibration of

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Antigua and Barbuda: IRS Issues New Section 174A Rules for Research Expense Methods

On 9 September 2026, the Internal Revenue Service (IRS) published final regulations under Section 174A that significantly alter the methods for determining research and experimental expenditures eligible for the Section 41 research credit. The regulations, effective for tax years beginning after 31 December 2025, introduce a new “simplified method” for calculating qualified research expenses (QREs)

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Peru: Peru IAT Trains Customs Officers on River Vessel Inspection Techniques

In compliance with the PDP 2026, the IAT initiated the “River Vessel Boarding and Inspection” course at the Tarapoto Customs facilities in the San Martín region. This specialized training addresses the unique operational challenges of controlling fluvial traffic on the Amazon River system and its tributaries — a vast, porous border area vulnerable to smuggling

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