South America and Mexico

Latin American countries are paying close attention to BEPS, leading to changes in their local regulations or approaches to audits related to Transfer Pricing. MNCs should therefore be prepared to face even more scrutiny regarding Transfer Pricing throughout the Region.

The Tax Authoritites in most countries are increasing their documentation requirements as well as the number of audits they are conducting. MNCs will need to react quickly to this new environment by establishing a specific strategy for the Region – and this has also created significant new career opportunities for TP professionals across the Region.