01 May 2023

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 

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    For additional information concerning this Alert, please contact:

    Ernst & Young's Center for Tax Policy

     Cathy Koch, Americas Tax Policy Leader | cathy.koch@ey.com

  • Julie Byrne, Global Tax Policy | julie.byrne@ey.com

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    ATTACHMENT

    Americas Tax Policy Update Q1 2023

    Document ID: 2023-5436