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December 23, 2019

Americas Tax Roundup 23 December 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:

  • Argentine tax reform bill sent to Congress 
  • US, China reach ‘Phase One Agreement’ on trade 
  • US House of Representatives approves USMCA implementing bill 
  • Mexico’s tax reform affects banking and capital markets 
  • Brazilian National Attorney General regulates recently enacted conflict resolution system 
  • Argentina reorders income tax law and its regulatory decree, updates list of ‘non-cooperating’ jurisdictions 
  • Peru extends income tax and VAT exemptions 
  • Peru issues regulations on indirect foreign tax credit 
  • Costa Rica modifies transfer pricing documentation rules 
  • Costa Rica modifies information return for reporting financial and professional transactions between taxpayers 
  • Colombia-UK tax treaty will enter into force in 2020  Uruguay announces tax benefits for certain economic sectors 
  • Puerto Rican recipients of certain services must file Form 480.7E for 2019 tax year 
  • OECD officials discuss BEPS 2.0 project at Washington conference 
  • EY publication highlights 2019 Q4 tax policy developments across the Americas 
  • EY’s ‘Latest on BEPS and Beyond’ for December 2019



Americas Tax Roundup – 23 December 2019


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