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April 7, 2022
2022-5372

EY publication highlights 2022 Q1 tax policy developments across the Americas

The first quarter of 2022 ushered in several significant tax policy developments across the Americas. The attached Americas Tax Policy Update highlights the top tax policy developments from January through March 2022.

Highlights in this edition include:

  • Canada’s Department of Finance draft legislative proposals

  • Chile’s recently enacted tax reform

  • Amendments to the Mexican Administrative Tax Regulations

  • Several tax measures enacted by Peru’s President

  • US legislative developments, including the Biden Administration’s budget proposal

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For additional information concerning this Alert, please contact:

Ernst & Young's Center for Tax Policy

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ATTACHMENT

Americas Tax Policy Update Q1 2022

 
 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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Any U.S. tax advice contained herein was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.

 

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