The Chinese multinational Midea, already present in South America, plans to invest $30 million in expanding and reaching out to markets in Mexico, Central America and the Andean region.
The company Midea, founded in 1968 in Guangdong, China, believes that there is "...
Protectionist measures that favor dominant firms in domestic markets only extend the inevitable process of globalization, making it more expensive for consumers.
Whether a milk is 'good' or not is decided by consumers themselves by evaluating its quality and cost.Milk has no nationality.It's just milk.
If free zones -with their tax breaks and other privileges- are good for the economy, why isn't the entire country made into a free zone?
EDITORIAL
Why not provide companies founded with Central America capital the same benefits and privileges enjoyed by foreign firms operating under free zone regimes? The job creation and contribution to the economy that can be made by companies in free zones because they enjoy these privileges should be able to come from business founded with Central American capital as well, which in contrast to foreign firms, have to deal with excessive regulations and bureaucracy in the States of Central America.
The Organization for Economic Cooperation and Development wants to prevent schemes that allow using different jurisdictions in order to avoid paying tax where the activity is being carried out.
An article in DF.cl reports that "The Organization for Economic Cooperation and Development (OECD) has prepared a report, commissioned by the G20, which will be presented in early February to launch changes in international tax regulations that prevent multinationals from exploiting loopholes in order to pay very little tax by declaring profits in tax havens. "
Regulators will oversee sales operations and transfer of funds from multinational companies based in the country and overseas branches.
The Superintendence of Tax Administration will create an international audit department, which will start operations in March.
Rudy Villeda, Superintendent of Tax Administration, told Prensalibre.com, "The idea is to have more information from multinationals with related companies abroad, as they sometimes affirm they declare taxes in other jurisdictions and that must be verified".
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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