Argentina Taxes Vacations to Uruguay

Uruguay is a tiny nation on the Atlantic sandwiched between a behemoth to the north (Brazil), and Argentina to the south. Argentina has twelve times the population of Uruguay, sitting on a land mass fifteen times larger. And so, the decision  last Monday by the government of Cristina Fernández in Argentina to raise taxes on most tourism…

Brazil as a Growing International Destination

Even as the country looks forward to hosting both the 2016 Summer Olympics and the 2014 FIFA World Cup, tourism brought 5.4 million visitors in 2011, and with those visitors an additional $6.775 billion added to the economy. According to a 2011 study by the Travel and Tourism Competitiveness Index (TTCI) which looked at attractiveness…