11 November 2019

Americas Tax Roundup – 11 November 2019

EY’s Americas Tax 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:

  • OECD releases Pillar Two consultation document
  • Mexican Congress passes 2020 tax reform
  • Ecuador’s National Assembly to consider tax reform
  • Paraguay announces tax reform applicability dates 
  • Brazil issues guidance on exclusion of state VAT from PIS and COFINS tax basis 
  • Peru extends tax regime applicable to REITs 
  • Costa Rica issues procedure for reporting capital income under ordinary income tax provisions 
  • Costa Rica publishes draft amendments to General Customs Law regulations 
  • OECD releases more guidance on CbC Reporting, summary of common CbCR errors 
  • OECD releases database on individual multinational enterprises 
  • OECD releases more guidance on spontaneous info exchange by no or only nominal tax jurisdictions 
  • EY Canada releases latest issue of TaxMatters@EY

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Americas Tax Roundup – 11 November 2019

Document ID: 2019-6399