Americas

Panama: Panama MEF Approves Digital Fiscal Lottery for E-Invoicing

On 27 October 2026, Panama’s Ministry of Economy and Finance (MEF) announced the approval of the Digital Fiscal Lottery (Lotería Fiscal Digital), a novel compliance incentive designed to accelerate the adoption of electronic invoicing nationwide. The Gaming Control Board (Junta de Control de Juegos, JCJ) formally sanctioned the operational procedure for the Digital Fiscal Raffle

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Colombia: Colombia Customs: DIAN Seizes $14.7B Goods in Buenaventura Port Enforcement

On 27 October 2026, the DIAN, through its Buenaventura Sectional Directorate, executed precautionary measures on merchandise stored in the port terminals of Buenaventura, Colombia’s principal Pacific port. The operation, authorized under Article 590 of the Tax Statute (Decree 1165 of 2019) and Resolution 000087 of 2026, targeted goods with a declared customs value exceeding COP

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United States: Retirement Tax Planning: How Retirement Income Affects Your Taxes

On 27 October 2026, the IRS released Tax Tip 2026-77, providing a comprehensive overview of how various retirement income streams are taxed under current federal law. The guidance covers traditional pensions, annuities, Social Security benefits, distributions from 401(k) and IRA accounts, and other retirement plans. It explains that while some income—such as Roth IRA qualified

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Brazil: Brazil: Receita Federal Highlights Confia Program at Guatemala Cooperative Compliance Seminar

On 27 October 2026, the Brazilian Federal Revenue (Receita Federal) showcased its Confia Program (Cooperative Tax Compliance Program) during a regional seminar on cooperative compliance organized by the Inter-American Development Bank (IDB) in Guatemala. The Confia Program, launched in 2021, enables taxpayers to engage in a collaborative relationship with the tax administration, exchanging enhanced transparency

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Chile: SII and ICHDT Host Forum on Transfer Pricing Risks

On 27 October 2026, the SII and the Chilean Institute of Tax Law (ICHDT) held a technical forum focused on transfer pricing risks faced by multinational corporations in Chile. The event addressed recent audit trends, documentation requirements, and the application of the arm’s length principle in the digital economy. Participants discussed practical challenges in benchmarking

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Bolivia: Bolivia Tax Authority Retains ISO 9001:2015 for NIT Registration Quality

On 27 October 2026, the Servicio de Impuestos Nacionales (SIN) confirmed the renewal of its ISO 9001:2015 certification, specifically covering the processes for taxpayer registration in the National Tax Registry (Número de Identificación Tributaria – NIT). The certification, awarded by an accredited international registrar, validates SIN’s quality management system for the NIT enrollment lifecycle, including

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Mexico: SAT Expands Mobile Tax Services to 21 Mexican States

On 26 October 2026, the Mexican Tax Administration Service (SAT) announced a nationwide deployment of mobile tax offices to 21 states, aiming to bring tax administration services directly to citizens and businesses in remote and underserved areas. This initiative aligns with the SAT’s 2026 Digital Inclusion Strategy and the Federal Tax Code provisions facilitating taxpayer

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Bolivia: Bolivia Tax Agency Boosts Transparency and Taxpayer Service Standards

On 26 October 2026, from its Cochabamba regional office, the Servicio de Impuestos Nacionales (SIN) unveiled the “Cada atención cuenta” (Every Attention Counts) program, a strategic initiative aimed at reinforcing transparency, accountability, and service quality across all taxpayer interaction points. The program introduces standardized service protocols, real-time feedback mechanisms, and a public dashboard displaying service-level

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Uruguay: Uruguay Hosts XIV Tax Conference on System Challenges

The XIV Jornadas Tributarias were held on 19–20 October 2026 at the Faculty of Engineering in Montevideo, bringing together academics, practitioners, and DGI officials. The conference featured a dedicated track on the challenges facing the Uruguayan tax system and the DGI’s management strategy, reflecting the administration’s commitment to dialogue and modernization. Key Takeaways Focus on

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Uruguay: Uruguay Sets Conditions for Domestic Minimum Tax Compensation

Through Resolution 2400/026, the DGI has established the conditions under which taxpayers may request the compensation mechanism provided by Decree 206/026 for the Domestic Minimum Complementary Tax (Impuesto Mínimo Complementario Doméstico). This regime implements the OECD Pillar Two Global Anti-Base Erosion (GloBE) rules in Uruguay, ensuring a minimum 15% effective tax rate for large multinational

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