15 February 2021

Americas Tax Roundup – 15 February 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:

  • Argentina and US agree to exchange country-by-country reports on large multinationals
  • Costa Rica's Ministry of Treasury submits to Congress a bill establishing dual and global income tax rules
  • US Treasury to consider reviving expired transfer pricing aggregation regulations
  • Uruguay enacts budget law for 2020-2024
  • Uruguay's Executive Power regulates certain aspects of the investments law 
  • Uruguay modifies when goodwill is not considered in corporate restructurings
  • Uruguay modifies the 'tax holiday' regime
  • Uruguay's Executive Power suspends withholding tax obligations for temporary leases of real estate for tourism purposes 
  • Uruguayan tax authorities update list of low- or no-taxation countries and jurisdictions
  • Canada: Northwest Territories issues budget 2020–21
  • This week’s tax treaty news in the Americas
  • Upcoming webcasts
  • US Cross-Border Taxation weekly podcast, 12 February 2021
  • The week’s EY Tax Alerts
  • EY Industry and Tax Services publications

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Americas Tax Roundup – 15 February 2021

Document ID: 2021-5187