Tax Challenges in Aviation: Perspectives and Solutions
Source: ALTA During the ALTA Aviation Law Americas event, held in Buenos Aires, the role of fiscal policies in the competitiveness and sustainability of the aviation industry was widely discussed. The panel "Taxation Challenges: Threats to the Aviation Industry in Latin America," moderated by Marcelo Guaranys, partner at Demarest Advogados, analyzed the UN Tax Committee's proposal to shift the current residence-based tax model, which taxes airlines in their home country, to an origin-based model, where taxes would be collected in all countries where revenue is generated. Guaranys emphasized the importance of keeping taxation simple for airlines, given the sector's many specificities. "Due to the international nature of operations, the proposed measure could result in double taxation, both in the country [...]