Part 3: Entering Mexico – Opening a Bank Account

Part 3: Entering Mexico – Opening a Bank Account

by Harris Gomez | May 8, 2021 | General, Mexico, Multinational, Taxation

Opening a Bank Account Harris Gomez Group is proud to provide the four part series on the practical aspects of setting up in Mexico. Click on the link for: Part 1 ¨Choosing the Appropriate Corporate Structure¨  Part 2 ¨Thinking Of Entering Mexico – The Steps To...
Practical Chilean Accounting Tips:  Hiring a New Employee?

Practical Chilean Accounting Tips: Hiring a New Employee?

by Harris Gomez | May 8, 2021 | Accounting, Chile, Labour Laws, Multinational, Taxation

Harris Gomez Group is proud to co-write a new series of blogs with Spasa Consulting on accounting and financial matters that may be important to foreign companies operating in Chile. Spasa Consulting, is a Chilean based accounting firm that specialises in back office...
ATO TARGETING EXPATS WHO CLAIM NON-RESIDENCE STATUS

ATO TARGETING EXPATS WHO CLAIM NON-RESIDENCE STATUS

by Harris Gomez | May 8, 2021 | Australia, Real Estate, Taxation

We have recently had a number of our clients receive pro-forma letters from the ATO asserting that they are tax residents of Australia and asking them to demonstrate that they are not. These letters are usually part of a bulk mail out based on the ATO data matching...
Expenses and the Chilean Taxation System

Expenses and the Chilean Taxation System

by Harris Gomez | May 8, 2021 | Chile, General, Multinational, Taxation

Tax Expenses: What types of expenses does Chile’s IRS allow a company to deduct from its financial profit (gross income)? It is common knowledge that companies must only pay taxes from the profit forming part of its taxable base and that which they have made during a...
Chile Tax Reform and Foreign Investment : Different Options to Evaluate

Chile Tax Reform and Foreign Investment : Different Options to Evaluate

by Harris Gomez | May 8, 2021 | Chile, Multinational, Taxation

Chile Tax Reform and Foreign Investment : Different Options to Evaluate On October 1st, the Chilean Tax Reform entered into force. At its second stage of revision, the Senate included relevant changes, all of which aim to keep Chile as an attractive investment...
ZONA FRANCA – TAKING ADVANTAGE OF IT – THAT IS, DEFERRING THE 19%

ZONA FRANCA – TAKING ADVANTAGE OF IT – THAT IS, DEFERRING THE 19%

by Harris Gomez | May 8, 2021 | Chile, Multinational, Taxation, Uncategorized

ZONA FRANCA – TAKING ADVANTAGE OF IT – THAT IS, DEFERRING THE 19% Companies must pay 19% IVA (VAT or GST) on all imports to Chile. When bringing imports into the Iquique Tax Free Zone, that is, the ‘Zona Franca De Iquique’, companies can defer payment of this tax....
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