During the recent meeting of the Punta Del Este Declaration, the OECD published a progress report providing an update on cooperation and exchange of information among tax administrations in Latin America.As tax administrations continue to focus on expanding access to information, businesses face heightened scrutiny and the potential for additional inquiries if information they submit is viewed as unclear.Businesses should monitor developments in this area and prepare for new information reporting requirements associated with global tax policy changes.Executive summaryOn 27 June 2023, the Organisation for Economic Co-operation and Development (OECD) published a progress report, "Tax Transparency in Latin America 2023,"...