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

April 6, 2020
2020-5528

Americas Tax Roundup – 6 April 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:

  • COVID-19 relief measures continue throughout Americas
  • US coronavirus relief legislation has international tax implications
  • Canada announces updates to recent economic measures, updates on emergency wage subsidy program, deferral of customs duties and import GST payments, and additional filing deadline extensions
  • Costa Rica's Ministry of Public Health publishes a resolution on the temporary importation of certain products without registration
  • Guatemala enacts 'Emergency Law to Protect Guatemalans from the Effects Caused by the COVID-19 Pandemic'
  • Panama extends suspension of tax administrative appeals proceedings, suspends Panama Pacifico Agency administrative proceedings, issues shelter in place order, establishes a temporary procedure for the importation of certain goods, temporarily suspends construction-related activities, further extends the validity of work permits issued to foreign workers, adopts new citizen mobility measures, and suspends payment of public utilities
  • Puerto Rico announces additional extensions for various returns and payments, and provides special cash flow tax relief measures because of COVID-19
  • Uruguay extends period free trade zone workers may work remotely in light of COVID-19
  • Global Trade COVID-19 actions | WCO, Canada, and US updates
  • EY Tax Stimulus Tracker available for keeping up with global COVID-19 responses
  • EY Immigration Response Tracker follows global immigration-related COVID-19 responses
  • NEW EY Global Labor and Employment Law COVID-19 Tracker provides update on what employers need to do and how governments are helping
  • Global trade update: US issues additional Section 301 exclusions, China continues to provide retaliatory tariff relief, and WTO Appellate Body alternative is reached
  • Panama publishes law on beneficial owner register for legal entities
  • OECD releases second annual peer review report on BEPS Action 6 relating to prevention of treaty abuse

__________________________

ATTACHMENTS

Americas Tax Roundup – 6 April 2020 - English version

Americas Tax Roundup – 6 April 2020 - Spanish version

 
 

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 © 2023, 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