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March 23, 2020

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



Americas Tax Roundup – 23 March 2020


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