Latin primer
Nicolas Malumian provides a summary of wealth and gratuitous transfer (donations and inheritance) taxes in Latin America
Key points
What is the issue?
In Latin America, only five out of 18 countries have a wealth tax and ten have a gratuitous transfer tax.
What does it mean for me?
The creation of a trust or the distribution of benefits could trigger the payment of one of these taxes or, on the contrary, reduce the client’s tax burden.
What can I take away?
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