27 April 2020 Americas Tax Roundup – 27 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 passes interim coronavirus relief package; releases guidance for foreign businesses and nonresident aliens affected by travel disruptions; issues guidance implementing CARES Act provisions; and announces relief for importers
- Canada updates Canada Emergency Response Benefit and Federal Economic Response Plan
- Colombia issues additional COVID-19 tax measures
- Ecuador’s National Assembly to consider proposed measures to safeguard employment and to create a new tax to increase funding to combat COVID-19
- Uruguay establishes ‘COVID-19 Solidarity Fund’ and ‘COVID-19 Sanitary Emergency Tax’ and allows tax-free imports and exports of certain products
- EY COVID-19 tracker tools provide global legislative, force majeure, labor/employment, mobility, immigration, tax controversy and trade/customs resources
- Argentina modifies informative regime requiring local entities and individuals to report further information on foreign entities
- Costa Rica’s Ministry of Foreign Trade requests comments on draft authorized exporter regulations
- US taxpayer considerations of OECD's recent transfer-pricing guidance on financial transactions
- US IRS releases FAQs on transfer pricing documentation best practices
- Canada to increase processing fees for Permanent Residency applications
- EY’s ‘Latest on BEPS and Beyond’ for April 2020
__________________________ Americas Tax Roundup – 27 April 2020 Document ID: 2020-5646 |