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As the global digital economy evolves and governments turn their attention to real-time reporting, the path to VAT compliance has taken a significant turn. Countries across Latin America, including Chile, Mexico, and Brazil, have embraced a digital-first approach and have become forerunners in continuous transaction controls (CTCs). While this innovative approach allows governments to have a clearer picture of their economies and reduces VAT gaps, it places a new set of demands on businesses that revolve around data management and reconciliation.

Article 12B of the United Nations (UN) Model Tax Convention has emerged as an intriguing development in international tax law. Passed during the 22nd Session of the Committee of Experts on International Cooperation in Tax Matters in April 2021, this provision introduces new possibilities and complications for global tax administrations.

As tax authorities across the globe tighten their Value Added Tax (VAT) enforcement measures in a bid to shift from economic recovery to sustainable growth, the implementation of Continuous Transaction Controls (CTCs) is taking centre stage. Despite its immense potential to reduce fraud, manipulation, corruption, and errors in VAT returns, the implementation of CTCs presents significant challenges, particularly for multinational enterprises (MNEs).

In the ever-evolving landscape of taxation, strategic planning has become paramount for businesses around the globe. Two distinct strategies are often the subject of discussion in this regard: Proactive and Reactive tax planning. While both strategies play vital roles, a growing preference for proactive over reactive tax planning has been observed.

The seismic shifts in the global economic landscape, catalyzed by increasing digitization, internationalization, and economic interdependence, have brought the relatively obscure subject of transfer pricing into sharper focus. This concept, which primarily concerns the prices at which goods, services, or intangible assets are exchanged between related companies in different tax jurisdictions, has taken center stage in the international tax landscape.

In the tumultuous landscape of today's business world, organizations grapple with unprecedented challenges. Competition is fiercer than ever, disruptive technologies are the norm rather than the exception, laws are ever-evolving, and globalization continues to break down geographic barriers. These challenges mandate organizations to be more nimble, customer-focused, and innovative to keep pace with the rapid shifts in the business environment.

Organizations all over the world have begun to realize the significance of agility in today’s rapidly transforming business landscape. Traditional structures, known for their static, bureaucratic hierarchy and siloed divisions, while offering stability, often grapple with agility. Agile organizations, conversely, exemplify nimble execution, quick decision cycles, and a decentralized control mechanism, all intended to maximize shareholder value.

Sales compensation is a critical lever of sales performance. It goes beyond a simple dichotomy between fixed salary and commission-based systems, requiring a nuanced understanding of the various factors that contribute to an effective sales compensation plan. This article aims to delve into the interplay among compensation, motivation, and evaluation within the Sales Compensation Cycle, which encompasses the key elements of Compensation Plan, Motivation, Effort, Results, and Evaluation.

As the world increasingly becomes interconnected, the allure of global business expansion is undeniable. Businesses seeking growth and success on a larger scale must navigate complex administrative hurdles, legal requirements, and cultural nuances inherent in international markets. Fortunately, the Employer of Record (EOR) has emerged as a critical partner in facilitating such expansions.

In the fast-evolving digital world, one technology that continues to leave an indelible mark is Artificial Intelligence (AI). The realm of AI, once the material of science fiction, now weaves itself seamlessly into our daily lives. With applications spanning from voice-activated virtual assistants to autonomous vehicles and personalized medicine, AI is shaping the future of various sectors in profound ways.