20 December 2019

EY publication highlights 2019 Q4 tax policy developments across the Americas

The fourth quarter of 2019 ushered in several significant tax policy developments across the Americas. The attached Americas Tax Policy Update highlights the top tax policy developments from October through December 2019. Highlights in this edition include:

  • Mexico's recently enacted tax reform
  • Brazil's regulation of the social contributions (PIS/Pasep and COFINS and PIS/Pasep-Import and COFINS-Import) calculation; and its plan to propose comprehensive tax reform 
  • Argentina's elections and recently proposed tax reform 
  • Chile’s revised tax reform proposal
  • Colombia’s proposal to reenact the 2018 tax reform
  • The latest tax reform proposal in Ecuador
  • Costa Rica’s ratification of the Multilateral Instrument to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting

For additional information concerning this Alert, please contact:

Ernst & Young's Center for Tax Policy

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ATTACHMENT

Americas Tax Policy Update

Document ID: 2019-6638