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28 June 2021 Americas Tax Roundup – 28 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: Brazilian Government proposes changes to corporate income tax system as second phase of comprehensive tax reform Brazilian Congress approves five-percentage-point increase to the social contribution tax for banks, insurance companies and other financial services entities Mexico repeals VAT rule that exempted certain purchases of temporarily imported goods from nonresidents from VAT withholding Costa Rican Congress approves, in second and final vote, a tax incentive regime for foreign investors, rentiers and retirees Document ID: 2021-5717 |