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December 21, 2020

Americas Tax Roundup 21 December 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
  • Chilean tax authorities release regulations for foreign pass-through investment vehicles
  • Argentina provides further specifications on the definition of ‘final beneficiaries’ and extends the obligation to report
  • Peru's tax authorities establish 29 January 2021 as due date for secondary filling of 2017, 2018, and 2019 CbC reports
  • Peruvian tax authorities establish guidelines for capital gains tax exemption applicable to transfers of shares through the Lima Stock Exchange
  • Peru repeals agribusiness preferential tax regime
  • US final and proposed PFIC regulations provide a mix of favorable and unfavorable provisions, with significant implications for insurance companies
  • Canada: Employer obligation to remit GST/HST/QST by 31 January 2021 on deemed supplies made to pension entities and master pension entities
  • EY’s ‘Latest on BEPS and Beyond’ for December 2020
  • US Cross-Border Taxation weekly podcast, 11 December 2020
  • The week’s EY Tax Alerts
  • EY Industry and Tax Services publications



Americas Tax Roundup – 21 December 2020


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