Taxation of Big Tech in Latin America: What multinationals need to know about the region’s evolving digital tax rules

In an era where digital transformation rapidly outpaces traditional fiscal frameworks, navigating Latin American taxation requires a rare blend of corporate leadership and deep technical expertise. This consolidated work brings together the definitive strategic insights of Rafael Benevides, a corporate practitioner on international taxation within the technology industry. Leveraging a deep background in corporate taxation built through years of practical experience at major public technology companies, Benevides possesses an unparalleled insider’s perspective on how giant digital platforms interface with complex regional tax systems. Holding a Master’s degree in Public Service and Administration from Texas A&M University's George Bush School of Government and serving as a director at the GTECS Association of Tax Professionals in Tech, the author leverages his extensive background to decode high-stakes regulatory shifts. For any enterprise looking to scale operations, manage tax controversy, or maintain compliance in Latin America, this volume offers a direct pipeline into the mind of an executive who has steered the fiscal agendas of the world's most innovative tech giants. The core of this book provides a comprehensive overview of the massive structural overhauls and legislative transitions currently reshaping the Latin American business landscape. Benevides delivers a broad, macro-level examination of Brazil's historic consumption tax reform, detailing the structural shifts surrounding the implementation of the new dual VAT system (IBS and CBS) and upcoming complementary legislation like LC 214/2025 and LC 227/2026. His deep tech lens is highly evident as he explores the regional rise of digital services taxes and evolving cross-border digital access frameworks designed to enforce continuous tax oversight across Latin American economies. Beyond consumption taxes, the text addresses critical international tax dynamics, including transfer pricing frameworks, the evolution of Advance Pricing Agreements aimed at boosting legal certainty, and complex foreign exchange tax rules affecting multinational enterprises. Furthermore, the author outlines how these sweeping regulatory transformations directly disrupt corporate financial reporting accuracy and corporate pricing models. What sets this volume apart is its heavy emphasis on corporate agility and practical execution, born from the author's real-world experience managing multi-jurisdictional tax compliance and policy within the digital sector. Benevides addresses critical technical friction points occurring at the cross-border interface of distinct fiscal regimes, specifically detailing the complex interplay between US foreign tax credit rules and Latin American withholding taxes. The book underscores that navigating long-term regulatory transitions makes agility a mandatory survival trait for modern corporations, forcing executives to proactively re-evaluate how regional legislation operationalizes into daily financial workflows. Whether discussing international multilateral initiatives like OECD's Pillar One or local compliance mechanisms designed to resolve liability rules, the author seamlessly bridges high-level policy with immediate executive strategy. This book stands as an indispensable resource for tax directors, CFOs, and international corporate attorneys who need a definitive, insider's guide to navigating the digital-first fiscal future of Latin America.