Sign up for tax alert emails    GTNU homepage    Tax newsroom    Email document    Print document    Download document

May 1, 2023
2023-5436

EY publication highlights 2023 Q1 tax policy developments across the Americas

The first quarter of 2023 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 2023.

Highlights in this edition include:

  • Brazil issues guidance on new transfer pricing rules 

  • Canada discusses 2023/2024 federal budget 

  • Chile rejects tax reform bill 

  • Colombia releases new development plan 

  • Costa Rica added to EU list of non-cooperative jurisdictions (Annex I) for the first 

  • Honduran Government to file new tax reform before the National Congress 

  • Mexico formally ratifies MLI 

_________________________________________

For additional information concerning this Alert, please contact:

Ernst & Young's Center for Tax Policy

--------------------

ATTACHMENT

Americas Tax Policy Update Q1 2023

 
 

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.

 

Copyright © 2023, Ernst & Young LLP.

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

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.

 

"EY" refers to the global organisation, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

 

Privacy  |  Cookies  |  BCR  |  Legal  |  Global Code of Conduct