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01 June 2021

Americas Tax Roundup – 1 June 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:

Argentine Chamber of Deputies approves bill that would raise the corporate income tax rate

  • Argentina corporate legal authorities modify regime for foreign companies

  • Peruvian tax authority establishes guidelines for the application of the new thin capitalization rules

  • US IRS modifies guidance on accounting method changes for certain foreign corporations

  • Uruguay extends reduced 13% value-added tax rate to operations in the tourism sector

  • Costa Rica's General Directorate of Customs authorizes a new category of goods that may be imported under the temporary import regime

  • Uruguayan Executive Power issues decree regulating the new 10-year option under ‘tax holiday’ regime 

  • This week’s tax treaty news in the Americas

  • Upcoming webcasts

  • US Cross-Border Taxation weekly podcast, 26 May 2021

  • The week’s EY Tax Alerts

  • EY Industry and Tax Services publications

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    Americas Tax Roundup – 1 June 2021

    Document ID: 2021-5611

     
     

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