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07 February 2022

Americas Tax Roundup – 7 February 2022

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:

OECD announces first consultations on BEPS 2.0 Pillar One

  • Chile enacts tax reform to fund pension reform

  • Peruvian Tax Authority establishes guidelines for permanent establishments

  • Peruvian Tax Authority establishes guidelines on using Peruvian banking system to pay for indirect transfers of shares

  • US final regulations treat domestic partnerships as aggregates for applying certain subpart F provisions, and proposed regulations would apply a similar approach to PFICs

  • US proposed regulations would expand scope of subpart F rules on related person insurance income

  • Updated US list of foreign currency futures contracts - starting point for IRC Section 1256

  • OECD releases 2021 update on peer review of preferential tax regimes

  • Brazil permits digital nomads to work from Brazil

  • Mexico suspends visa waivers for Brazilian and Venezuelan citizens

  • EY Canada issues latest edition of TaxMatters@EY 

  • This week's tax treaty news in the Americas

  • Upcoming webcasts

  • US Cross-Border Taxation weekly podcast, 4 February 2022

  • Monthly ITTS Washington Dispatch (January 2022) podcast and PDF

  • The week’s EY Tax Alerts

  • EY Industry and Tax Services publications

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    Americas Tax Roundup – 7 February 2022

    Document ID: 2022-5147

     
     

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