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What is the Temporary Tax on Foreign Assets in Peru?
The Temporary Tax on Foreign Assets (ITAE) in Peru is a special tax that taxes financial assets held abroad by Peruvian residents. This tax was implemented as a measure to repatriate assets and encourage domestic investment. Peruvian residents who had assets abroad had to declare these assets and pay the corresponding tax. The ITAE had a deadline for declaration and payment, and its implementation was temporary. It is important to be aware of tax legislation and special measures like this that may arise.
What is the process of annulment of arbitration awards in Peru and when is it used to challenge decisions of arbitration courts?
The process of annulment of arbitration awards in Peru is used to challenge decisions of arbitration courts when there are legal grounds to question the validity or impartiality of the arbitration award. It allows affected parties to seek annulment of the arbitration decision.
Are there mechanisms for continued supervision of sanctioned contractors in El Salvador after sanctions are lifted?
After sanctions are lifted, there may be ongoing oversight mechanisms for sanctioned contractors in El Salvador. This may include regular audits and monitoring to ensure that they comply with the conditions imposed for the lifting of sanctions.
What are the tax rates on alcoholic beverages and tobacco products in the Dominican Republic?
Alcoholic beverages and tobacco products in the Dominican Republic are subject to special taxes, such as the Selective Consumption Tax (ISC). Rates vary depending on the type of product and its alcohol or tobacco content.
How does labor legislation in Paraguay address the occupational health and safety of workers?
Labor legislation in Paraguay may establish specific regulations to guarantee the occupational health and safety of workers, including measures to prevent occupational risks and safe working conditions, as contemplated in the Labor Code.
How does PEP status affect Argentina's international trade relations?
The identification of individuals as PEPs in Argentina may have implications for international trade relations. Other countries and commercial entities may take additional precautions when engaging in transactions with politically exposed persons to mitigate the risks associated with potential illicit activities. Argentina, aware of this, seeks to maintain high standards of transparency and collaborate in the implementation of international measures to preserve positive trade relations.
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