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21 March 2022

Americas Tax Roundup – 21 March 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 releases Commentary and illustrative examples on Pillar Two Model Rules

  • Brazil reduces financial transaction tax on foreign exchange settlements

  • Ecuadorian President proposes bill to attract new investments

  • Peruvian Tax Court addresses how to determine if payments to foreign entities qualify as payments for digital services

  • Peruvian Tax Court concludes loan proceeds qualify as a payment of services

  • Costa Rica enacts law simplifying tax obligations for inactive entities and extending due date for simplified income tax return

  • Canada releases draft legislative proposals on excessive interest and financing expenses limitation rules for public comment

  • Canada announces update to sanctions related to Russia

  • US takes more trade actions against Russia

  • Argentina announces three-year residence permits to Ukrainian citizens 

  • EY’s ‘Latest on BEPS and Beyond’ for March 2022 

  • This week's tax treaty news in the Americas

  • Upcoming webcasts

  • US Cross-Border Taxation weekly podcast, 18 March 2022

  • The week’s EY Tax Alerts

  • EY Industry and Tax Services publications

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    Americas Tax Roundup – 21 March 2022

    Document ID: 2022-5287

     
     

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