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06 February 2023

Americas Tax Roundup – 6 February 2023

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/G20 Inclusive Framework releases Administrative Guidance under Pillar Two GloBE rules: First Impressions
  • Argentine Government updates list of non-cooperating jurisdictions for income tax 
  • Peru extends tax incentives applicable for Real Estate Investment Funds 
  • Chile postpones increase in the amounts of mining patents
  • Panama’s Ministry of Economy and Finance extends term for implementation of electronic invoicing system
  • Costa Rican tax authority publishes Institutional Criterion regarding tax treatment of foreign exchange gain or loss in financial investment instruments
  • Costa Rican General Directorate of Treasury establishes new procedure to request tax exemptions through Exonet system 
  • Costa Rican tax authority publishes new update to Catalogue of Goods and Services 
  • Dominican Republic’s Executive Branch publishes general regulations to new Customs Law 
  • US IRS examiners must consult IRS counsel before applying the economic substance doctrine in transfer pricing audits
  • US IRS addresses deductions involving cryptocurrency in two Chief Counsel Advice memos
  • US | Interim guidance on stock buyback excise tax offers mixed bag for corporate taxpayers
  • USCIS announces FY 2024 H-1B Cap Registration Period
  • USCIS to resume bundling adjudication of I-539 and I-765 applications filed by H-4 and L-2 spouses
  • Canada Border Services Agency updates trade compliance verification list: January 2023
  • 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, 3 February 2023
  • The week’s EY Tax Alerts
  • EY Industry and Tax Services publications

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Americas Tax Roundup – 6 February 2023

Document ID: 2023-5144

 
 

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