Key Aspects of the obligation to maintain inventory control records in El Salvador
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Key Aspects of the obligation to maintain inventory control records in El Salvador

Taxpayer obligations regarding inventory control are essential to ensure transparency and accuracy in the recording and valuation of tangible personal property. According to art. 142 of the Tax Code, this obligation applies to taxpayers who transfer tangible personal property, requiring them to maintain clear and detailed records of the movement, valuation, and description of their…

The complementarity rule in the sub-motives of misapplication of law and violation of law by omission within the cassation appeal. Part II
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The complementarity rule in the sub-motives of misapplication of law and violation of law by omission within the cassation appeal. Part II

In the previous article, I discussed the reasonableness of the complementarity rule between the cassation sub-motives (substantive motives) of Misapplication of Law and Violation of Law by Omission (non-application) as established by the Supreme Court of Justice, Civil Chamber. In essence, it has been established that for the admissibility of these sub-motives, when alleging the…

Global minimum tax and its considerations for Costa Rica
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Global minimum tax and its considerations for Costa Rica

The global minimum tax arises from the OECD initiative known as “Pillar 2”, whose purpose is to establish a minimum global taxation level of 15% for large multinationals in all countries where they are present, as well as from the Multilateral Convention (MLC) signed between 140 member and non-member countries of this organization, intending to…

Regulation of Advance Pricing Agreements (APA) in Guatemala
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Regulation of Advance Pricing Agreements (APA) in Guatemala

The regulation of transfer pricing in Guatemala is based on the free competition principle. This principle is defined as the price or amount for a given transaction that independent parties would have agreed upon under comparable conditions. Taxpayers engaging in transactions with related parties must demonstrate compliance with the arm’s length principle through transfer pricing…