Sign up for tax alert emails    GTNU homepage    Tax newsroom    Email document    Print document    Download document

March 23, 2020
2020-5429

Americas Tax Roundup – 23 March 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:

Coronavirus (COVID-19) response – Americas governments take action:

  • US passes tax relief for employers / employees, plans further legislative relief, and extends income tax payment deadline and filing deadline, while state authorities take additional measures
  • Canada announces economic response plan to support workers and businesses, Alberta province announces its support plan
  • Costa Rica announces actions to counter COVID-19 impact, issues directive on export of medical supplies
  • El Salvador declares state of national emergency, temporarily restricts constitutional rights
  • Panama issues regulations with temporary actions to stem workplace spread of COVID-19, imposes curfew
  • Puerto Rico extends due date for returns and tax payments and extends due date for volume of business declarations
  • Uruguay allows FTZ workers to work remotely in light of COVID-19
  • Canada ratifies trade agreement with US and Mexico 
  • Mexico: Taxpayers should be aware of new reportable transaction obligation 
  • Panama publishes rules on use of ‘fiscal equipment’ and electronic invoicing 
  • Jamaica issues 2020/2021 Budget 
  • Canada: Quebec 2020-21 budget introduces new corporate transparency rules 
  • EY’s ‘Latest on BEPS and Beyond’ for March 2020

__________________________

ATTACHMENT

Americas Tax Roundup – 23 March 2020

 
 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 2024, Ernst & Young LLP.

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

Any U.S. tax advice contained herein was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.

 

"EY" refers to the global organisation, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

 

Privacy  |  Cookies  |  BCR  |  Legal  |  Global Code of Conduct Opt out of all email from EY Global Limited.

 


Cookie Settings

This site uses cookies to provide you with a personalized browsing experience and allows us to understand more about you. More information on the cookies we use can be found here. By clicking 'Yes, I accept' you agree and consent to our use of cookies. More information on what these cookies are and how we use them, including how you can manage them, is outlined in our Privacy Notice. Please note that your decision to decline the use of cookies is limited to this site only, and not in relation to other EY sites or ey.com. Please refer to the privacy notice/policy on these sites for more information.


Yes, I accept         Find out more