Americas

Subscribe to TaxNewsFlash. 
Questions? Send an email.

24 Jan - Bolivia: Extended deadline for filing, payment, and compliance with RC-VAT tax obligations for direct taxpayers

24 Jan - Bolivia: Lists of taxpayers whose invoices are ineligible for VAT credit and tax deduction

24 Jan - Mexico: Updated value of UMI for 2024

22 Jan - Chile: Clarification on VAT exemption for professional partnerships; other direct and indirect tax developments

18 Jan - Mexico: List of 201 registered foreign providers of digital services (as of 31 December 2023)

17 Jan - Guyana: Tax-related measures proposed in 2024 budget

12 Jan - Mexico: Updates to presentation of 2023 annual declaration of legal entities

11 Jan - Bolivia: Deadline to implement online billing modalities for eighth, ninth, and tenth groups of taxpayers

11 Jan - Mexico: Miscellaneous tax resolution for 2024 regarding payroll electronic invoices (CFDI)

11 Jan - Mexico: Tax measures in miscellaneous fiscal resolution for 2024

9 Jan - Canada: 2023 tax rates and other changes to consider for tax accounting purposes

9 Jan - Bolivia: Certain taxpayers to implement online billing modality

5 Jan - Bolivia: 2024 budget law includes tax measures

5 Jan - Bolivia: Guidance on tax incentives for import and marketing of capital goods and industrial plants

5 Jan - Bolivia: Procedure for zero rate VAT billing

28 Dec - Argentina: New incentive regime for large investments includes direct and indirect tax, customs measures

27 Dec - Bermuda: Legislation introducing corporate income tax signed into law

27 Dec - Argentina: Measures for the reconstruction of the Argentine economy include direct and indirect tax, customs changes

26 Dec - Bolivia: Extended deadline to present affidavits and pay taxes for certain oil companies

22 Dec - Bolivia: Updated rates of products subject to specific consumption tax for 2024

21 Dec - Brazil: Chamber of Deputies approves indirect tax reform bill

21 Dec - Chile: U.S. income tax treaty enters into force

20 Dec - Chile: Guidance on obligation of digital service platforms to issue third-party electronic invoices; other direct and indirect tax developments

19 Dec - Canada: Overview of GST and other indirect tax changes for 2023

19 Dec - Mexico: Tax credit for taxpayers affected by Hurricane Otis (State of Guerrero)

15 Dec - Bolivia: Updated rates of corporate profits tax, special tax on hydrocarbons, tax on international air departures

14 Dec - Dominican Republic: New tax incentives for commercial civil aviation

13 Dec - Costa Rica: Updated tax brackets for 2024

12 Dec - Canada: GST/HST obligations of employer-sponsored pension plans, 31 December deadline

12 Dec - Canada: Information reporting requirements for trusts

5 Dec - Bolivia: Modifications to billing system

4 Dec - Canada: First reading of second 2023 federal budget bill includes EIFEL, hybrid mismatch, and DST rules

4 Dec - Canada: Tax “fairness relief” requests related to 2013 due by 31 December 2023

1 Dec - Colombia: Final regulations on new significant economic presence rule

30 Nov - Chile: Guidance on tax issues under “Housing Emergency Plan”; other direct and indirect tax developments

30 Nov - KPMG report: Global developments in ESG-related taxes, incentives, and grants (ESG tax tracker)

22 Nov - Canada: Tax measures in 2023 fall economic update

21 Nov - Canada: Year-end tax considerations for company owners, managers

17 Nov - Brazil: Federal Senate approves indirect tax reform bill

17 Nov - Mexico: List of 198 registered foreign providers of digital services (as of 31 October 2023)

16 Nov - Bermuda: Third public consultation related to proposed corporate income tax

15 Nov - Mexico: Tax relief for taxpayers affected by Hurricane Otis (State of Guerrero)

13 Nov - Brazil: Guidance on tax on industrialized products (IPI), state sales tax (ICMS)

9 Nov - Canada: Pension plan contribution limits for 2024

9 Nov - Canada: Prescribed rates of interest for income tax, PLOI purposes (first quarter 2024)

8 Nov - Canada: 2023 fall economic update (Quebec)

6 Nov - Canada: List of “notifiable transactions” under new mandatory disclosure rules

6 Nov - Mexico: Increased payroll tax rate (Coahuila)

3 Nov - Bolivia: Extension of deadline for compliance with tax obligations of the unified agricultural regime

3 Nov - Canada: Tax proposals in economic update (Ontario)

2 Nov - Canada: CRA extends penalty and interest relief for underused housing tax filing obligations

2 Nov - Mexico: Tax relief for taxpayers affected by Hurricane Otis

26 Oct - Canada: Tax measures in 2022 economic update receive Assent (Quebec)

17 Oct - Chile: Dividend, capital gains not subject to VAT; other direct and indirect tax developments

17 Oct - KPMG report: Mexico’s reference effective tax rates aid voluntary compliance

13 Oct - Mexico: Tax incentives for key sectors of the export industry

11 Oct - Costa Rica: Tax compliance obligations for dissolved entities

6 Oct - KPMG report: Mexican-sourced technical assistance payments subject to withholding tax under Netherlands treaty (Federal Tax Court decision)

6 Oct - Bermuda: Second public consultation related to proposed corporate income tax

6 Oct - Bolivia: Extended deadline for certain taxpayers to register in VAT sales and purchases registry for September 2023

5 Oct - Canada: Employment insurance premium rates to increase for 2024

5 Oct - Trinidad and Tobago: Direct and indirect tax measures proposed in 2024 budget

4 Oct - Bolivia: Fixed quota per hectare for unified agricultural regime for 2022 management

2 Oct - Costa Rica: Legislative Assembly overrides veto of bill on taxation of passive income

21 Sep - Canada: Deadline to qualify for partial loan forgiveness extended to early 2024

19 Sep - Canada: Finance announces plan to increase GST rebate on new rental apartments

19 Sep - Colombia: Suspension of certain implementing guidance under single-use plastic products tax (Supreme Tax Court decision)

15 Sep - Bolivia: Extended deadline for certain taxpayers to present affidavits and pay tax for August 2023

13 Sep - Colombia: 2023 labor reform proposal

13 Sep - Mexico: No tax proposals in economic package for 2024

13 Sep - Mexico: Reduction in payroll tax for investments in electromobility sector (Nuevo Leon)

12 Sep - Mexico: List of 196 registered foreign providers of digital services (as of 31 August 2023)

8 Sep - Costa Rica: Draft bill on taxation of passive income approved by Legislative Assembly

7 Sep - Bolivia: Extended deadline for certain taxpayers to register in VAT sales and purchases registry for August 2023

5 Sep - Argentina: Certain imported goods related to electricity generation not subject to PAIS tax

28 Aug - Costa Rica: Guidance on employment requirement for taxation of capital income under corporate income tax provisions

25 Aug - Bolivia: Deadline to implement online invoicing modalities postponed for fourth, fifth, and sixth groups of taxpayers

25 Aug - KPMG report: Potential U.S. tax implications of proposed Bermuda corporate income tax

25 Aug - Canada: Details of changes to AMT rules in draft legislation

23 Aug - Canada: Details of draft revised DST rules

22 Aug - Brazil: Changes in accounting and tax treatment of credit losses

18 Aug - Bolivia: Digital notification of administrative acts

18 Aug - Canada: Details of clean economy incentives in draft legislation

17 Aug - Canada: Provincial sales tax annual information return due 31 August for online marketplaces (British Columbia)

15 Aug - Canada: Details of draft revised EIFEL rules

15 Aug - Dominican Republic: Draft rule on appointment of VAT and income tax withholding and collection agents

14 Aug - Brazil: Tax reform bill involving federal, state, and municipal indirect taxes

14 Aug - Canada: Draft legislation includes Pillar Two rules and revised DST and EIFEL rules

14 Aug - Canada: New GST/HST guidance for insurance intermediaries

14 Aug - Canada: Prescribed rates of interest for income tax, PLOI purposes (fourth quarter 2023)

11 Aug - Costa Rica: Draft bill on taxation of passive income

9 Aug - Bermuda: Implementation of corporate income tax within scope of Pillar Two global minimum tax rules

9 Aug - Mexico: Agreement for collection of lodging taxes (Nuevo Leon)

8 Aug - Venezuela: Law for coordination and harmonization of tax powers of states and municipalities

4 Aug - Bolivia: Extended deadline for certain taxpayers to register in VAT sales and purchases registry for July 2023

1 Aug - Bolivia: Online billing modality for “fourth group of taxpayers” further postponed

1 Aug - Bolivia: Online billing modality for “fifth group of taxpayers” postponed

19 Jul - Dominican Republic: Draft law modifying tax assessment, audit and payment procedures

14 Jul - Chile: Digital magazines subject to VAT; other direct and indirect tax developments

13 Jul - Colombia: Proposed regulations on new significant economic presence rule enacted under 2022 Colombian tax reform

13 Jul - Canada: Extended customs relief for Ukraine goods

11 Jul - Canada: New mandatory disclosure rules clarified

11 Jul - Canada: Tax rates and other changes to consider for tax accounting purposes

11 Jul - Canada: Updated list of imported goods targeted for potential audits

10 Jul - Argentina: Reductions on gross income tax for different sectors

10 Jul - Mexico: Guidance on social security tax practices

7 Jul - Canada: Harmonization with measures in 2023 federal budget Bill C-47; proposed sales tax changes (Quebec)

5 Jul - Chile: U.S. income tax treaty approved by U.S. Senate

29 Jun - Canada: 2023 federal budget (Bill C-47) receives Royal Assent

29 Jun - Canada: Changes to PST collection for online marketplace facilitators effective 1 July 2023 (British Columbia)

29 Jun - Bolivia: “Fifth group of taxpayers” to implement online billing modality

27 Jun - Bolivia: Categorization of taxpayers in national taxpayer registry

27 Jun - OECD: Tax transparency in Latin America 2023

23 Jun - Costa Rica: Updated list of cross-border digital service providers

16 Jun - Chile: Obligation to issue tax receipts for all transactions, regardless of amount

15 Jun - Canada: Budget 2023 general anti-avoidance rule consultation, KPMG comments

15 Jun - Canada: Consultation on clean economy incentives

15 Jun - Canada: Direct and indirect tax measures in federal budget (Bill C-47) enacted

9 Jun - Mexico: Income tax and VAT benefits for economic activities in Isthmus of Tehuantepec

8 Jun - Mexico: Directorate for registry of specialized service providers or specialized works

8 Jun - Canada: QST annual information return for distribution platform operators due 30 June (Quebec)

8 Jun - Canada: Tax measures in 2022 economic update enacted (Quebec)

7 Jun - KPMG report: U.S. foreign tax credit issues arising from 2022 Colombian tax reform

6 Jun - Bolivia: Extended deadline for certain taxpayers to register in VAT sales and purchases registry for May 2023

6 Jun - Dominican Republic: Law creating national tax system of electronic invoicing passed

1 Jun - Canada: Bill including refundable manufacturing investment tax credit enacted (Ontario)

1 Jun - Canada: Extension of manufacturing and processing exporter tax incentive enacted (Saskatchewan)

31 May - Chile: Congress approves bill on new mining royalty

30 May - Canada: Income and property tax measures in 2023 budget (Prince Edward Island)

25 May - Chile: VAT exemption applicable to workers who work alone not available to sole proprietorships

25 May - Mexico: Obligation to present tax opinion to Infonavit

24 May - Bolivia: Online billing modality for “fourth group of taxpayers” postponed

23 May - Costa Rica: Declaration by inactive legal entities due 31 May

22 May - Costa Rica: Proposed introduction of global income tax system

22 May - British Virgin Islands: Economic substance guidance for entities claiming tax residence in Jersey, Guernsey, or Isle of Man

18 May - Canada: Financial institutions’ annual GST/HST and QST returns due 30 June 2023

18 May - Canada: Tax measures in 2023 budget enacted (British Columbia)

15 May - Mexico: List of 185 registered foreign providers of digital services (as of 30 April 2023)

11 May - Canada: Federal fuel charge beginning 1 July 2023 (New Brunswick)

11 May - Canada: Regulations filed to implement film and video production tax credit (Newfoundland and Labrador)

8 May - Mexico: Updated procedures to obtain opinion on compliance with social security tax obligations

4 May - Canada: Prescribed rates of interest for income tax, PLOI purposes (third quarter 2023)

1 May - Chile: Modified concept of taxable service for VAT purposes; other VAT developments

1 May - Bolivia: Tax treatment of nonresident individuals earning Bolivia-source income

28 Apr - Bolivia: Extended deadline for filing corporate income tax forms, statements

28 Apr - Canada: Expanded mandatory reporting obligations

27 Apr - Canada: Tax measures in 2023 federal budget bill

27 Apr - Costa Rica: Recent tax-related developments

25 Apr - Colombia: Updated e-invoicing regulations

20 Apr - Canada: Extension of manufacturing and processing exporter tax incentive (Saskatchewan)

18 Apr - Mexico: Increase in lodging tax rate for certain tourist accommodation services (State of Guerrero)

14 Apr - Brazil: Report of tax developments for financial, insurance, real estate sectors

13 Apr - Canada: Budget bill including corporate income tax measures receives Royal Assent (Manitoba)

13 Apr - Canada: Tax measures in 2022 budget enacted (Quebec)

11 Apr - Bolivia: Extended deadline for certain taxpayers to register in VAT sales and purchases registry for March 2023

11 Apr - Bolivia: Guidance for repetition actions

6 Apr - KPMG report: Global developments in ESG-related taxes, incentives, and grants (ESG tax tracker)

6 Apr - Bahamas: Economic substance legislation and guidance notes introduced

6 Apr - Bermuda: Increased marine and port taxes

6 Apr - Canada: Reminder of 30 April 2023 deadline, tax on cross-border insurance

6 Apr - Canada: Agri-processing tax credit receives Royal Assent (Alberta)

6 Apr - Canada: Small business deduction changes proposed in 2023 budget (Ontario)

5 Apr - Canada: Preparing for excessive interest and financing expenses limitation (EIFEL) legislation

4 Apr - Jamaica: Tax measures in 2023-2024 budget

4 Apr - Bolivia: Modernization of registration procedures and modification to national digital biometric taxpayer register

4 Apr - Mexico: Payroll electronic invoice 4.0 (CFDI 4.0) mandatory beginning 1 July 2023 (three-month extension)

31 Mar - Costa Rica: Recent tax and customs related developments

31 Mar - Canada: Penalty, interest relief for late-filed underused housing tax returns

29 Mar - Canada: Tax provisions in federal budget for 2023

24 Mar - Canada: Tax measures in 2023 budget (Newfoundland and Labrador)

24 Mar - Canada: Tax proposals in 2023 budget (Nova Scotia)

24 Mar - Canada: Tax measures proposed in 2023 budget (Ontario)

23 Mar - Canada: Agri-processing tax credit introduced in 2023 budget (Alberta)

23 Mar - Canada: Tax measures in 2023 budget (Quebec)

23 Mar - Canada: Tax measures in 2023 budget (Saskatchewan)

22 Mar - Canada: Tax measures in 2023 budget (New Brunswick)

22 Mar - Bolivia: Online billing modality for “fourth group of taxpayers”

21 Mar - Chile: Tax treatment of expenses and donations associated with catastrophes; VAT development

17 Mar - Canada: Housing tax obligations for charities, NPOs

17 Mar - Mexico: "Offset" figure not a payment of VAT (court decision)

17 Mar - Mexico: List of 182 registered foreign providers of digital services (as of 28 February 2023)

15 Mar - Barbados: Tax measures in 2023 budget

13 Mar - Canada: Possible tax changes in 2023 federal budget

9 Mar - Chile: “Recovery and early assistance plan” tax relief measures; VAT developments

9 Mar - Canada: No income tax changes in 2023 provincial budgets (Northwest Territories, Nunavut, Yukon)

8 Mar - Canada: Rephrased source of income test (court decision)

8 Mar - Canada: Tax measures in 2023 budget (Manitoba)

8 Mar - Mexico: Extension for submission of informative returns

7 Mar - Bolivia: Application procedure for issuance of certificates of fiscal credit notes

7 Mar - Bolivia: Extended deadline for certain taxpayers to register in VAT sales and purchases registry for February 2023

2 Mar - Colombia: 2023 report on corporate compliance for legal entities with presence in Colombia

1 Mar - Canada: Tax measures in 2023 budget (British Columbia)

1 Mar - Canada: Tax provisions in 2023 budget (Alberta)

28 Feb - KPMG report: Domestic tax rules governing family business transfers

27 Feb - Bermuda: Payroll, customs and indirect tax measures in 2023-2024 budget

23 Feb - Mexico: Rules for issuance of tax compliance opinion (Nuevo Leon)

21 Feb - Mexico: Agreement to facilitate payroll tax withholding (Nuevo Leon)

21 Feb - Mexico: Rules for 2023 tax compliance (State of Mexico)

16 Feb - Brazil: Changes in tax disputes resolution system

9 Feb - Bolivia: Extended deadline for certain taxpayers to register in purchases and sales registry

9 Feb - Brazil: Report of tax developments for financial, insurance, real estate sectors

9 Feb - Canada: Prescribed rates of interest for income tax, PLOI purposes (second quarter 2023)

8 Feb - Mexico: Registry of specialized service providers or specialized works

7 Feb - Canada: New underused housing tax (UHT) filing, payment due 30 April

7 Feb - Colombia: Guidance on new single-use plastic products tax

3 Feb - Argentina: Guidance for taxpayers to mitigate freely available balances in income tax collection regime

3 Feb - Bolivia: Extended deadline for online billing modality, Form 510 submission and payment

2 Feb - Costa Rica: Updated catalog of goods and services

1 Feb - Colombia: Compliance with exchange regime, imports and exports

20 Jan - Mexico: List of 177 registered foreign providers of digital services (as of 31 December 2022)

20 Jan - Mexico: Single self-determination system version 3.6.3

19 Jan - Mexico: Measures applicable to CFDI in payroll matters

19 Jan - Guyana: Tax measures proposed in 2023 budget

12 Jan - Canada: Increased automobile allowance limits, personal use in 2023

12 Jan - Caribbean: Changes affecting 2023 payroll and related withholdings

10 Jan - Brazil: Report of tax developments for financial, insurance, real estate sectors

10 Jan - Mexico: UMA amounts effective 1 February 2023

9 Jan - Canada: Importers subject to increased scrutiny regarding goods in supply chain

9 Jan - Panama: Period for satisfying some tax obligations is extended to 13 January 2023

6 Jan - Mexico: Annual declaration 2022 for legal entities

5 Jan - Canada: 2022 tax rates and other changes to consider for tax accounting purposes

5 Jan - Chile: Services subject to VAT

5 Jan - Mexico: Miscellaneous tax resolution for 2023, direct and indirect tax items

5 Jan - Mexico: “Volumetric controls” for hydrocarbon and petroleum

3 Jan - Costa Rica: Updated tax brackets for 2023

29 Dec - Brazil: Amendments to state-level sales tax (ICMS) (São Paulo)

22 Dec - Canada: Changes to individual income tax system; temporary suspension of fuel tax (Alberta)

22 Dec - Canada: Payments of interest on family income-splitting loans due 30 January 2023

22 Dec - Canada: Second federal budget bill enacted

21 Dec - Mexico: Modifications to miscellaneous tax resolution 2022, including extension for implementation of CFDI 4.0

19 Dec - Canada: Overview of GST and other indirect tax changes for 2022

19 Dec - Colombia: Tax reform measures include 15% minimum tax, surcharges, digital services tax

15 Dec - Canada: Proposed corporate income tax and harmonization measures from 2022 budget (Quebec)

15 Dec - Canada: Extended gas and fuel tax reductions, amendments to film tax credit in fall economic update enacted (Ontario)

15 Dec - Canada: Feedback requested on draft regulations to modernize CBSA’s systems and business processes

15 Dec - Canada: Third reading of second federal budget bill including measures from 2022 and 2021 budgets

15 Dec - Mexico: Criteria for compliance and verification of employer obligations in hotel industry

15 Dec - Mexico: Limitation on deductibility of net interest held valid (court decision)

14 Dec - Costa Rica: Public consultation on imposition of VAT on purchase and sale of certain products

14 Dec - Trinidad and Tobago: Tax measures in Finance Act 2022

9 Dec - Brazil: Income tax treaty with United Kingdom signed

9 Dec - Canada: 2022 fall economic update (Quebec)

8 Dec - Canada: Comments requested on clean hydrogen and technology investment tax credits

8 Dec - Canada: Expansion of federal fuel charge to Newfoundland and Labrador, Nova Scotia, and Prince Edward Island

28 Nov - Panama: “Extraordinary payment agreements” for tax obligations

28 Nov - Canada: Year-end tax considerations for company owners, managers

22 Nov - Canada: Revised excessive interest and financing expenses limitation (EIFEL) proposals

22 Nov - Brazil: New rules for the deduction of losses on receipt of credits from financial institutions

18 Nov - Costa Rica: Deadline for filing informative tax returns of dormant companies extended to 30 April 2023

18 Nov - Costa Rica: Reduced VAT on goods in “basic tax basket”; credit for general sales tax on commercial vehicles repealed

17 Nov - Argentina: Update on ratification of MLI

17 Nov - Canada: Proposed beneficial ownership reporting requirements for trusts postponed

17 Nov - Canada: Tax “fairness relief” requests related to 2012 due by 31 December 2022

17 Nov - Canada: Budget bill including corporate income tax measures receives Royal Assent (Manitoba)

17 Nov - Canada: Extended small business tax relief receives Royal Assent (Saskatchewan)

17 Nov - Canada: Extension and expansion of capital investment tax credit (Nova Scotia)

15 Nov - Canada: Tax provisions in economic update (Ontario)

15 Nov - Mexico: Increase to state taxes on remuneration for subordinate personal work and drinking water (Baja California state)

14 Nov - Panama: Benefits granted under “SEM Visa” not unconstitutional (Supreme Court decision)

11 Nov - Bolivia: Fourth group of taxpayers required to issue tax documents through online billing modality

10 Nov - Canada: Pension plan contribution limits for 2023

10 Nov - Canada: Prescribed rates of interest for income tax, PLOI purposes (first quarter 2023)

10 Nov - Canada: Second federal budget bill includes measures from 2022 and 2021 federal budgets

10 Nov - Canada: Reduced individual income tax rates (New Brunswick)

10 Nov - Canada: Extension of temporary small business income tax rate reduction (Saskatchewan)

8 Nov - Mexico: List of 162 registered foreign providers of digital services (as of 31 October 2022)

7 Nov - Mexico: Payroll electronic invoice 4.0 (CFDI 4.0) mandatory beginning 1 April 2023 (three-month extension)

4 Nov - Canada: Changes to excessive interest and financing expenses limitation (EIFEL) rules in 2022 fall economic update

3 Nov - Canada: GST/HST obligations of employer-sponsored pension plans, 31 December deadline

31 Oct - Costa Rica: Application of VAT to cross-border digital services

27 Oct - Canada: Increase in non-resident home buyers tax (Ontario)

21 Oct - Costa Rica: Action challenging principle of territoriality as unconstitutional dismissed (court decision)

20 Oct - Brazil: Priority in fiscal administrative process for companies certified as “authorized economic operators”

20 Oct - Canada: Budget implementation bill includes corporate income tax measures (Manitoba)

20 Oct - Canada: New “apprenticeship funding” program

18 Oct - Mexico: Update on ratification of MLI

14 Oct - Colombia: Tax proposals in draft legislation include 15% minimum tax, surcharges on certain sectors, digital services tax

12 Oct - Mexico: Payroll tax reporting changes (Nuevo Leon)

7 Oct - Brazil: Report of tax developments for financial, insurance, real estate sectors

6 Oct - Canada: Employment insurance premium rates to increase for 2023

3 Oct - Mexico: Procedures for employer to obtain opinion on compliance with social security tax obligations

30 Sep - Trinidad and Tobago: Tax measures proposed in 2023 budget

29 Sep - Canada: Changes to customs importer of record rules, implications for e-commerce importers

29 Sep - Canada: Increased audit activity related to annual federal 10% excise tax on cross-border insurance premiums

27 Sep - Bolivia: Extended deadline for online billing modality, 2021 fees for unified agricultural regime

22 Sep - Canada: Filing of annual information return for provincial sales tax by online marketplace facilitators (British Columbia)

22 Sep - Canada: Pension plan contributions and employment insurance apply to restaurant tips (court decision)

15 Sep - Canada: Bill including corporate income tax measures enacted (Ontario)

13 Sep - Mexico: List of 159 registered foreign providers of digital services (as of 31 August 2022)

12 Sep - Mexico: Tax reform proposals in economic package for 2023

12 Sep - Bolivia: Legislation concerning tax incentives and excise tax rates

8 Sep - Canada: Deadline of 3 October 2022 for sales tax rebate on machinery and equipment (British Columbia)

8 Sep - Canada: Required investor data collection under GST/HST and QST systems

7 Sep - Bolivia: Extended deadline for certain taxpayers to register in purchases and sales registry

7 Sep - Chile: Requirements for reduced withholding tax rate for foreign insurance companies, recent VAT developments

6 Sep - Mexico: Proposed seventh modification to miscellaneous tax resolution 2022, changes to tax-related penalties

1 Sep - Canada: Extension of temporary small business tax rate reduction; PST on entertainment charges (Saskatchewan)

25 Aug - Canada: Draft beneficial ownership reporting requirements for trusts

24 Aug - Mexico: Penalties and sanctions do not apply to noncompliant electronic invoices with consignment note complement

19 Aug - Mexico: Civil law debt offsetting system not a means of payment to credit VAT (court decision)

18 Aug - Canada: Draft excessive interest and financing expenses limitation (EIFEL) rules

18 Aug - Canada: Proposed budget legislation concerning financial institutions

17 Aug - Canada: Mandatory disclosure rules proposed to apply beginning 2023

17 Aug - Canada: Possible changes to general anti-avoidance rule (GAAR), comments due 30 September 2022

17 Aug - Canada: Proposed increase to disbursement quota rate for charities, NPOs

17 Aug - Canada: Reintroduced 2022 budget bill proposes corporate income tax changes (Ontario)

15 Aug - Costa Rica: Extension of deadline for filing dormant entities tax returns

8 Aug - Panama: Extension for updates to taxpayer registry, due 31 August 2022

8 Aug - Brazil: Report of tax developments for financial, insurance, real estate sectors

5 Aug - Brazil: Reporting of tax benefit by companies engaged in R&D activities

5 Aug - Canada: Overview of tax-related provisions in “green measures” (Québec)

5 Aug - Canada: Prescribed rates of interest for income tax, PLOI purposes (fourth quarter 2022)

3 Aug - Uruguay: Proposed corporate income tax changes would capture certain passive income generated abroad

2 Aug - Bolivia: Guidance concerning tax payment facilities

1 Aug - Bolivia: Revised rules regarding failure-to-pay penalty

29 Jul - Bolivia: Guidance to implement tax administrative and procedural legislative measures

29 Jul - Dominica: Tax measures in 2022-2023 budget, including customs and VAT

28 Jul - Panama: Updates to taxpayer registry due 31 July 2022

26 Jul - Bolivia: Revised tax administrative and procedural measures

25 Jul - Argentina: Tax credit amounts for distributed generation of renewable energy

25 Jul - Brazil: Tax updates concerning financial, insurance, and real estate industries

21 Jul - Canada: Luxury tax on aircraft effective 1 September 2022

20 Jul - Canada: Quick tax information for corporations and individuals for 2022-2023

20 Jul - Mexico: Condition provided in procedure file 85/CFF relating to CFDI held unconstitutional (court decision)

14 Jul - Canada: Regulatory fee on business insurance coverage reduced (Alberta)

14 Jul - Mexico: List of 155 registered foreign providers of digital services (as of 30 June 2022)

14 Jul - Mexico: New procedures for salary and wage withholding

13 Jul - Panama: Guidance on use of authorized fiscal equipment, electronic invoicing

13 Jul - Canada: Tax rates and other changes to consider for tax accounting purposes

11 Jul - Canada: Updated list of imported goods targeted for potential audits

11 Jul - Panama: Changes to tourism investment incentives

6 Jul - Chile: Preview of tax reform project

5 Jul - Costa Rica: Amendment to the general customs law enacted

30 Jun - Canada: 2022 federal budget bill enacted

30 Jun - Canada: New measures to harmonize with federal budget, other business income tax changes (Quebec)

30 Jun - Canada: Temporary customs relief available for goods imported from Ukraine

23 Jun - Canada: Reminder of provincial sales tax obligations of marketplace facilitators (British Columbia)

22 Jun - Mexico: New obligations for information about “controlling beneficiaries,” part of 2022 tax reforms

16 Jun - Canada: 2021 fall economic update bill now law

16 Jun - Canada: 2022 federal budget passes third reading

16 Jun - Canada: Increased action on imports produced by forced labor

16 Jun - Canada: New QST annual information return for distribution platform operators due 30 June 2022 (Quebec)

16 Jun - Canada: Tax measures in 2022 budget enacted (Quebec)

15 Jun - Argentina: Procedures for requesting accreditation or refunds under mining investment law

15 Jun - Bolivia: Increased penalties regarding noncompliant invoices

13 Jun - Mexico: Electronic invoice 4.0 (CFDI 4.0) mandatory beginning 1 January 2023 (six-month extension)

10 Jun - Mexico: Extended deadline regarding rules for cancelling electronic invoices

9 Jun - Brazil: Tax updates concerning financial, insurance, and real estate industries

9 Jun - Canada: Corporate tax credit measures enacted (Newfoundland and Labrador)

9 Jun - Canada: No income tax changes in 2022 provincial budgets (Northwest Territories, Nunavut, Yukon)

9 Jun - Canada: Tax measures in 2022 budget enacted (British Columbia)

9 Jun - Mexico: Automation of tax compliance

9 Jun - Panama: Exemption from selective consumption tax for electric vehicles

6 Jun - Bolivia: Proposals to modify procedural rules regarding tax remittances, related penalties

3 Jun - Argentina: New exchange rate regime for oil and natural gas companies

2 Jun - Canada: Measure to enhance value-added agriculture incentive receives Royal Assent (Saskatchewan)

26 May - Bolivia: Revisions to national taxpayer registry provisions

23 May - Costa Rica: Guidance regarding suspended deadlines for procedures before tax administration

20 May - Bolivia: Taxpayer billing information systems, registration rules

20 May - Trinidad and Tobago: Property tax implementation expected in 2022

19 May - Canada: Corporate tax credits (Newfoundland and Labrador)

19 May - Canada: Measures to harmonize with federal rules (Quebec)

19 May - Costa Rica: Electronic filing of import returns

16 May - Mexico: Subcontracting information system reporting

12 May - Mexico: Requirement to include consignment note complement with electronic invoices

12 May - Canada: Corporate tax measures in fall economic update

12 May - Canada: Repeal of proposed non-resident property tax (Nova Scotia)

10 May - Canada: Family income-splitting loans, increased interest rate beginning 1 July 2022

10 May - Bolivia: Extension of VAT deadlines for April 2022

10 May - Costa Rica: Update on tax incentives for investment outside greater metropolitan area

9 May - Mexico: Third modification to miscellaneous tax resolution 2022 and tool for validation of electronic invoices data

6 May - Mexico: Validation of data in electronic invoices

5 May - KPMG report: BEPS 2.0 implementation considerations for Mexico

5 May - Canada: Budget bill receives first reading; tax measures from 2022 budget

5 May - Canada: Draft hybrid mismatch legislation

5 May - Canada: Prescribed rates of interest for income tax, PLOI purposes (third quarter 2022)

5 May - Canada: Tax relief for First Nations, indigenous taxpayers extended through 31 December 2022 (COVID-19)

3 May - Canada: Tax measures in 2022 budget (Ontario)

3 May - Costa Rica: Tax-related incentives for investment outside greater metropolitan area

28 Apr - Canada: Changes to corporate incentives (Saskatchewan)

26 Apr - Costa Rica: Payment of tax obligations

25 Apr - Bolivia: Extend deadline for filing corporate income tax forms, statements

25 Apr - Chile: Instructions for mutual agreement procedure under income tax treaties, recent VAT developments

21 Apr - Costa Rica: Alternative methods of operations for import transactions, due to affected computer systems

21 Apr - Costa Rica: Temporary relief for imports, quantification of exchange differential, ultimate beneficial owners reporting

20 Apr - Brazil: Monitoring and reviewing certifications to the Authorized Economic Operators program

20 Apr - Mexico: Social security (IMSS) agreement regarding reporting by subcontractors

19 Apr - Canada: Funding and incentives for businesses included in federal budget

14 Apr - Bolivia: Further extension of VAT deadlines

14 Apr - Canada: Investment limited partnerships’ annual GST/HST and QST returns due 30 June 2022

13 Apr - Canada: Tax measures in 2022 budget (Manitoba)

12 Apr - Bolivia: Extension of certain VAT and tax deadlines

12 Apr - Canada: Provisions in 2022 federal budget concerning financial services sector

11 Apr - Costa Rica: Reminder of requirement to report ultimate beneficial owners

8 Apr - Saint Lucia: 2022-2023 budget presented; certain tax measures effective for international business companies

8 Apr - Canada: Tax proposals in 2022 budget (Newfoundland and Labrador)

8 Apr - Canada: Tax provisions in federal budget for 2022

7 Apr - Canada: Expansion of, increase in non-resident home buyers tax (Ontario)

7 Apr - Brazil: Extension of excise tax (IPI), products imported under new Mercosur common nomenclature

7 Apr - Brazil: State-level sales tax (ICMS) reporting by banks and financial institutions

4 Apr - Mexico: Extension of time for start-of-work notices (Yucatán)

1 Apr - Canada: Provincial sales tax changes, effective 1 April 2022 (Saskatchewan)

31 Mar - Canada: Tax measures in 2022 budget (Nova Scotia)

30 Mar - Bolivia: Taxpayers required to issue digital tax documents

30 Mar - Canada: Federal budget expected 7 April 2022

29 Mar - Canada: Proposed luxury tax on vehicles, boats, and aircraft

29 Mar - Chile: Update on status of income tax treaty with United States

29 Mar - Dominican Republic: Proposal to revise tax procedural and administrative rules

25 Mar - Mexico: Tax relief regarding subcontracting (Yucatán)

25 Mar - Canada: Reminder of 30 April 2022 deadline, tax on cross-border insurance

25 Mar - Canada: Reminder of 31 March deadline, sales tax rebate for machinery and equipment (British Columbia)

25 Mar - Canada: Tax measures in 2022 budget (Quebec)

24 Mar - Canada: Tax measures in 2022 budget (Saskatchewan)

23 Mar - Brazil: Corporate income tax treatment of bonus, profit-sharing payments made to directors (court decision)

23 Mar - Brazil: Rate changes regarding tax on financial transactions (IOF)

23 Mar - Canada: Tax measures in 2022 budget (New Brunswick)

22 Mar - Costa Rica: Customs inspection procedures

22 Mar - Costa Rica: Guidance regarding offsetting one type of tax with amounts of another type of tax

18 Mar - Bolivia: Extension of tax deadline for public companies

17 Mar - Canada: Reminder, financial institutions’ annual GST/HST and QST returns due 30 June 2022

17 Mar - Chile: New procedures for simplified VAT regime for digital services

16 Mar - Barbados: Tax measures in 2022 budget

14 Mar - Mexico: Tax measures included in second resolution of modifications to miscellaneous tax resolution 2022

8 Mar - Bermuda: Tax measures in 2022-2023 budget

4 Mar - Dominican Republic: Proposal to impose VAT on digital services provided from abroad

2 Mar - KPMG report: BEPS 2.0 issues and implications for Latin America

2 Mar - Costa Rica: Promotion and regulation of distributed energy resources from renewables; other developments

2 Mar - Colombia: 2022 report on corporate compliance for legal entities with presence in Colombia

28 Feb - Colombia: Minimum standards for protection of personal data

28 Feb - Bahamas: Updated EU “grey list” includes Bahamas and other Caribbean countries

25 Feb - Canada: Tax measures in 2022 budget (Prince Edward Island)

25 Feb - Canada: Tax provisions in 2022 budget (Alberta)

24 Feb - Mexico: Modifications to miscellaneous tax resolution for 2022

23 Feb - Canada: Tax measures in 2022 budget (British Columbia)

23 Feb - Panama: Updated guidelines on electronic invoicing

22 Feb - Mexico: New guidelines for issuing electronic invoices

18 Feb - Chile: Legislative changes include tax measures

17 Feb - Canada: Prescribed rates of interest for income tax, PLOI purposes (second quarter 2022)

11 Feb - Mexico: Agreement on labor costs and factors for 2022

11 Feb - Mexico: Identification of ultimate beneficial owners

10 Feb - Canada: Extended “capacity limit support” (COVID-19)

10 Feb - Guyana: Tax measures proposed in 2022 budget

9 Feb - Bolivia: VAT deadline extensions

9 Feb - Mexico: State of Mexico 2022 tax legislation

8 Feb - Canada: Proposals to limit interest deductions, require more disclosure and reporting

8 Feb - Brazil: Potential new increase in user fee for integrated foreign trade system

3 Feb - Brazil: Pending tax measures include possible income tax, indirect tax changes

3 Feb - Canada: Beneficial ownership reporting rules for trusts delayed (Quebec)

25 Jan - Colombia: Changes to foreign exchange and debt reporting

25 Jan - Costa Rica: Criteria used in selecting taxpayers for audit

25 Jan - Mexico: Updated value of UMI for 2022