TAX ASPECTS ON THE INTEGRATION OF CAPITAL MARKETS

ADMINISTRATIVE PROBLEMS NEED TO REGISTER FOREIGN INVESTORS NEED TO ACT THROUGH A NOMINEE WITH RESIDENCE IN THE COUNTRY WITHHOLDING AGENT AND/OR RESPONSIBLE OF THE COMPLIANCE OF THE FOREIGN INVESTOR´S TAX OBLIGATION

TAX ASPECTS ON THE INTEGRATION OF CAPITAL MARKETS INTERNATIONAL DOUBLE TAXATION (DTI) WHAT IS IT?: WHEN THE SAME TYPE OF INCOME IS TAXED IN TWO OR MORE COUNTRIES WITH THE SAME KIND OF TAXATION. WHY IS IT PRODUCED?:  CONNECTING FACTORS FOR THE IMPLEMENTATION OF THE TAX LAW NATIONALITY PRODUCER SOURCE ADDRESS OR RESIDENCE  GENERAL RULE IN THE REGION TAXATION ON INCOME OF WORLWIDE SOURCE FOR DOMICILED OR RESIDENT IN THE COUNTRY TAXATION ON INCOME OF LOCAL SOURCE FOR DOMICILED OR RESIDENT ABROAD.

TAX ASPECTS ON THE INTEGRATION OF CAPITAL MARKETS INTERNATIONAL DOUBLE TAXATION (DTI) MEASURES TO MITIGATE DTI:  BILATERAL: AGREEMENTS EXONERATION TAX CREDIT MAXIMUM RATES  UNILATERAL EXONERATION TAX CREDIT TAX DEDUCTION

TAX ASPECTS ON THE INTEGRATION OF CAPITAL MARKETS LACK OF HOMOGENEITY AMONG THE TAX SYSTEMS IN THE DIFFERENT COUNTRIES DIVIDENDS:  RELEASE VERSUS TAX WITHHOLDING. TOTAL TAX AT SOURCE VERSUS PROGRESSIVE TAX. GREATER VALUE IN THE SALE OF SHARES:  ISSUANCE  CONDITIONAL ISSUANCE  TAXED INCOME

TAX ASPECTS ON THE INTEGRATION OF CAPITAL MARKETS MAIN TAX CONSIDERATIONS IN THE INTEGRATED MARKET TRANSACTIONS INCOME TAX:  DIVIDENDS WITHHOLDING TAX AT SOURCE WITHHOLDING TAX IN THE COUNTRY OF THE INVESTOR.

TAX ASPECTS ON THE INTEGRATION OF CAPITAL MARKETS

MAIN TAX CONSIDERATIONS IN THE INTEGRATED MARKET TRANSACTIONS INCOME TAX:  TAX ON CAPITAL GAINS IN THE SALE OF SHARES WITHHOLDING TAX AT SOURCE WITHHOLDING TAX IN THE COUNTRY OF THE INVESTOR.

TAX ASPECTS ON THE INTEGRATION OF CAPITAL MARKETS

MAIN TAX CONSIDERATIONS IN THE INTEGRATED MARKET TRANSACTIONS SALES AND SERVICES TAX (VAT)  VAT IN THE SALE OF SHARES TRANSACTIONS?  VAT IN THE RENDERING OF SERVICES?  EXPORTATION OF VAT IN THE SERVICES ?