04 January 2021

Americas Tax Roundup – 4 January 2021

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 President signs COVID and omnibus legislation 
  • Argentina imposes one-time extraordinary emergency contribution on individuals’ personal assets 
  • EY publication highlights 2020 Q4 tax policy developments across the Americas
  • Canada’s Department of Finance releases legislative proposals regarding time extension to incur flow-through qualifying expenditures
  • Canada Revenue Agency issues guidance on employee home office expenses and Form T2200
  • OECD releases guidance on transfer pricing implications of COVID-19 pandemic
  • OECD releases fourth peer review report on BEPS Action 5 on the Exchange of Information of Tax Rulings
  • OECD's FTA hosts virtual meeting of tax administration leaders
  • This week’s tax treaty news in the Americas
  • The week’s EY Tax Alerts
  • EY Industry and Tax Services publications

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Americas Tax Roundup – 4 January 2021

Document ID: 2021-5005