23 March 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 Document ID: 2020-5429 |