Tax Reforms 2025: Key Transfer Pricing Implications for Businesses in Latin America

Proposed 2025 tax reforms across Latin America are raising expectations and concerns among businesses—especially in the area of transfer pricing. Countries like Mexico, Colombia, and Brazil are updating their regulatory frameworks to align with OECD standards, marking a major shift in compliance and documentation requirements. This evolving landscape demands a strategic reassessment of intercompany operations to mitigate tax risks and protect competitiveness.