Por: Bernardita Doren.

Con fecha 30 de junio de 2022, entró en vigencia la Ley N°21.461, que modifica la Ley N°18.101 que fija Normas Especiales sobre Arrendamiento de Predios Urbanos y el Código de
Continue Reading Chile • Entrada en vigencia de la Ley N°21.461 “Devuélveme mi casa”

Por Bernardita Doren y Teresita Maria Gonzalez

Con fecha 6 de abril de 2022, el Senado remitió al Presidente de la República el texto aprobado por el Congreso Nacional del proyecto de ley, conocido como
Continue Reading Chile • Proyecto de Ley que modifica la Ley N°. 18.101 sobre arrendamientos de predios urbanos

DLA Piper received 46 individual lawyer rankings and 68 firm rankings in The Legal 500 Latin America 2022 guide.

Read the full DLA Piper’s Latam ranking by clicking here.

• “The firm’s extensive
Continue Reading LatAm • The Legal 500 Latin America 2022

Argentina’s Act 26,737, enacted in 2011, restricts foreign ownership of rural real estate. The restrictions imposed by Act 26,737 are relevant for any project that involves acquisition of rural land in Argentina .

The Act imposes several limitations. Under the Act and its applicable amendments, foreign ownership is defined as any acquisition, transfer of ownership or possession rights, whatever the type or name granted by the parties or duration of the same, in favor of a series of points, set forth below.
Continue Reading Argentina: Restrictions On ownership of Rural Land by Foreigners

 Analysis by Campos Mello Advogados in Brazil (in cooperation with DLA Piper)

For more information, please contact Lynn Cadwalader (US).

The Brazilian Securities Exchange Commission (Comissão de Valores Mobiliários – CVM) has submitted for public comment a proposal for a new ruling (Instrução Normativa) (the CVM Bill) − aiming to regulate the public offering of hotel-related collective investment contracts (Hotel CICs).

A Comissão de Valores Mobiliários (“CVM”), por meio do Edital de Audiência Pública SDM Nº 08/16, submeteu à audiência pública minuta de instrução (“Minuta de Instrução”) dispondo sobre a oferta pública de distribuição de contratos de investimento coletivo hoteleiro (“CIC Hoteleiro”)

Continue Reading New Bill Proposal – Public Offering of Hotel Units || Projeto Regulador de Oferta Pública de Projetos Hoteleiros

The following is a guest post from Bergstein Abogados, Montevideo, Uruguay

Over the last few years, Uruguay has fully aligned with OECD standards. For example, Uruguay has entered into more than 10 tax information exchange agreements and more than 15 double taxation agreements. Uruguay became a member of the Committee on Fiscal Affairs, signed the Convention on Mutual Administrative Assistance in Tax Matters. Uruguay, and also agreed to start the automatic exchange of information in September 2018.

In this context, on December 29, 2016, Uruguayan Parliament passed the Tax Transparency Act.
Continue Reading Uruguay Fully Aligns with OECD Standards: Tax Transparency Law Enacted

The Brazilian Supreme Court recently suspended the permission granted by Normative Opinion No. 461/12E, issued by the General Internal Affairs of State of São Paulo (Corregedoria-Geral de Justiça de São Paulo) in December 2012, which had recently permitted the acquisition of rural properties in the State of São Paulo by Brazilian companies controlled by foreign entities. This Normative Opinion stated that article 1 §1° of Federal No. 5.709/1971 is contrary to the Constitution. As a result, companies controlled by foreign entities (either an individual or a corporation) should be allowed to purchase rural properties without special restrictions.
Continue Reading Brazil: Supreme Court suspends acquisition of rural land in São Paulo by Brazilian companies controlled by foreign entities