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01 November 2021

Americas Tax Roundup – 1 November 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:

US President Biden releases new framework on $1.75 trillion package

  • G20 leaders confirm commitment to global tax changes under BEPS 2.0 

  • Mexican Congress approves 2022 tax reform

  • OECD releases Brazil Stage 2 peer review report on implementation of Action 14 minimum standard

  • Argentine Government extends the promotional regime for industrial entities located in Tierra del Fuego, Antarctica and Southern Atlantic Islands

  • Paraguayan Tax Authority issues new transfer pricing rules

  • Paraguayan Government modifies transfer pricing provisions related to the exportation of certain commodities

  • Costa Rica's Economic Affairs Commission of the Legislative Assembly approves reform of General Customs Law

  • Costa Rica’s Ministry of Finance increases taxes on packaged non-alcoholic beverages and ‘toilet’ soap

  • Six country Joint Statement on transitional approach to existing unilateral measures during period before Pillar One is in effect

  • OECD releases outcomes of fourth phase of peer reviews on BEPS Action 13

  • OECD releases seventh batch of Stage 2 peer review reports on dispute resolution

  • This week’s tax treaty news in the Americas

  • Upcoming webcasts

  • US Cross-Border Taxation weekly podcast, 29 October 2021

  • The week’s EY Tax Alerts

  • EY Industry and Tax Services publications

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    Americas Tax Roundup – 1 November 2021

    Document ID: 2021-6128

     
     

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