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June 3, 2019
2019-5710

Americas Tax Center Roundup 3 June 2019

EY’s Americas Tax Center Roundup newsletter, prepared by EY Global Tax, provides a summary of the top weekly tax news, trends and developments in the Americas.

Highlights of this week’s edition include:

  • Canada and US agree to remove tariffs and retaliatory surtaxes on steel and aluminum imports
  • Puerto Rico’s Treasury Department extends deadline for requesting employee retention benefit related to Hurricanes Irma and Maria to 30 June 2019
  • Argentina amends transfer pricing compliance obligations
  • Canada imposes final safeguard measures on imports of heavy steel plate and stainless-steel wire: update
  • Finance Canada releases draft amendments and proposals for ETA section 186 holding corporation rules: update
  • Canada: Québec imposes new disclosure requirements and penalties for taxpayers, advisors and promoters
  • US Final Section 956 Regulations largely mirror proposed regulations, but include two significant modifications

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