International Tax Americas April 2024

This e-newsletter gives you an overview of international tax developments being reported globally by KPMG member firms in the Americas Regions between 1 April and 30 April 2024.

For a full summary of global tax developments, visit kpmg.com/TaxNewsFlash.

To contact the International Tax Team email internationaltax@kpmg.com.

To register for the International Tax webcasts, click here.

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Bolivia


Tax area concerned

Relevant date

Description of measures and publication link

Bolivia

Tax legislation approved and regulatory update

Indirect tax

25 April 2024

“Eleventh group of taxpayers” to implement online billing modality. Read more.

Tax legislation approved and regulatory update

Indirect tax

25 April 2024

Guidance on requests for refunds of export taxes. Read more.

Tax legislation approved and regulatory update

Tax compliance

22 April 2024

Extended deadline for filing corporate income tax forms, statements. Read more.

Tax legislation approved and regulatory update

Tax compliance

17 April 2024

Term of payment facilities reduced. Read more.

Tax legislation approved and regulatory update

Indirect tax

17 April 2024

Changes to the regulations for the refund of export taxes. Read more.

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Canada


Tax area concerned

Relevant date

Description of measures and publication link

Canada

Proposed legislation

Corporate Taxes

29 April 2024

Additional consultation on Research and Experimental program. Read more.

Tax legislation approved and regulatory update

Various tax topics

17 April 2024

Tax measures in 2024 federal budget. Read more.

Tax legislation approved and regulatory update

Various tax topics

03 April 2024

Direct and indirect tax measures in 2024 budget (Manitoba). Read more.

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Chile


Tax area concerned

Relevant date

Description of measures and publication link

Chile

Tax legislation approved and regulatory update

Various tax topics

16 April 2024

Assets sold under antitrust rules qualify as fixed assets, other direct and indirect tax developments. Read more.

Tax legislation approved and regulatory update

Indirect tax

04 April 2024

Correcting erroneous value added tax (VAT) invoices under tax-exempt housing construction project. Read more.

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Mexico


Tax area concerned

Relevant date

Description of measures and publication link

Mexico

Tax legislation approved and regulatory update

Indirect tax

26 April 2024

New decree modifies general import and export tax law. Read more.

Tax legislation approved and regulatory update

Treaties

25 April 2024

Guidance on determination of business profits under tax treaties. Read more.

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Panama


Tax area concerned

Relevant date

Description of measures and publication link

Panama

Tax legislation approved and regulatory update

Tax compliance

11 April 2024

Updated list of reportable jurisdictions under common reporting standards (CRS) regime. Read more.

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Uruguay


Tax area concerned

Relevant date

Description of measures and publication link

Uruguay

Tax legislation approved and regulatory update

Tax compliance

10 April 2024

Production environment required for submission of common reporting standards (CRS) reports is available until 30 June 2024. Read more.

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United States


Tax area concerned

Relevant date

Description of measures and publication link

United States

 

 

 

For legislative changes and regulatory updates for the US please visit below link to the TaxNewsFlash United States.

Read TaxNewsFlash US

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