24 February 2020

Americas Tax Roundup – 24 February 2020

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:

  • Ecuador eliminates dividend tax exemption, modifies VAT rules 
  • Mexico's tax reform significantly affects operations implemented via shelter regime 
  • Guatemala allows airlines to deduct costs / expenses generated outside Guatemala 
  • USTR announces new tariffs on EU-origin goods, new exclusions for PRC-origin goods, other trade developments 
  • Panama included on EU list of non-cooperative tax jurisdictions 
  • Canada: British Columbia and Nunavut 2020-21 budgets tabled 
  • EY’s ‘TradeWatch’ offers quarterly update on global trade developments 
  • EY’s ‘Latest on BEPS and Beyond’ for February 2020

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Americas Tax Roundup – 24 February 2020

Document ID: 2020-5266