05 October 2020

Americas Tax Roundup – 5 October 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 Treasury issues regulations on foreign tax credit, foreign persons' gain or loss from sale or exchange of interests in certain partnerships, and sourcing of sales of personal property (including inventory)
  • New EY website on upcoming US election offers insights on potential tax and policy ramifications
  • Peruvian tax authorities announce new collaborative compliance plan
  • Peru extends deadline for applying for new deferral and installment payment regime for tax debts
  • Puerto Rico's Treasury Department issues guidance on requesting economic assistance under local Payroll Protection Program
  • Canada’s Distributed Investment Plans (DIPs) are required to request certain investor information by 15 October 
  • Canada: Newfoundland and Labrador budget 2020-21 tabled
  • OECD releases outcomes of third phase of peer reviews on BEPS Action 13
  • EY's Washington Dispatch September 2020 newsletter now available
  • This week’s tax treaty news in the Americas
  • Upcoming EY webcasts
  • US Cross-Border Taxation weekly podcast, 2 October 2020
  • The week’s EY Tax Alerts
  • EY Industry and Tax Services publications

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Americas Tax Roundup – 5 October 2020

Document ID: 2020-6279