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What is the tax treatment for real estate investments in Brazil?
Brazil Investments in real estate in Brazil are subject to taxes such as the Real Estate Transfer Tax (ITBI) on the acquisition of properties and the Urban Territorial Property Tax (IPTU) on the ownership of urban real estate. Additionally, income generated from renting properties is subject to Income Tax. It is important to consider these tax obligations when investing in real estate in Brazil.
What is the process to request an extension of the lease contract in Argentina?
The extension request must be made sufficiently in advance of the expiration of the contract and is subject to the consent of the lessor. The conditions of the extension must be established in writing.
What is the risk assessment process in the prevention of money laundering for non-financial companies in Guatemala?
In preventing money laundering, non-financial companies in Guatemala must carry out a risk assessment. This process involves identifying and analyzing potential risks associated with your operations and clients. Based on this assessment, they implement proportionate measures to mitigate risks and prevent misuse of their services for illicit activities.
What are the financial education programs available in the Dominican Republic?
In the Dominican Republic, several financial education programs have been implemented to promote financial literacy and improve personal finance management. These programs include workshops, training, and online resources provided by financial institutions, nonprofit organizations, and government entities, with the goal of improving the population's financial decision-making.
What is the role of pension funds in financial planning for retirement in Guatemala?
Pension funds play an important role in financial planning for retirement in Guatemala. These funds are managed by specialized entities and are created to accumulate and manage workers' savings during their working lives, in order to provide income during retirement. Pension funds offer different investment options and contribution schemes to adapt to the needs and preferences of workers. Its objective is to guarantee a safe and adequate retirement, thus promoting long-term financial planning and economic peace of mind in the retirement stage.
What measures are taken to prevent money laundering by PEPs in Peru?
To prevent money laundering by PEPs in Peru, financial controls are implemented, due diligence is required in financial transactions, and economic activity is closely monitored to detect suspicious movements of money.
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