A summary of the top weekly tax developments in the Americas

     This week's tax news from the Americas

• Colombia’s Constitutional Court suspends State of Economic and Social Emergency
  The Colombia Constitutional Court issued Order 082 on 29 January 2026, provisionally suspending Decree 1390 of 2025, which had declared a State of Economic and Social Emergency (Economic Emergency). As a result of the order, Decree 1474 of 2025, which implemented tax measures tied to Decree 1390, also is suspended. Although the Court did not expressly address Decree 044 of 2026, which implemented measures to ensure continuity of residential electric energy service under the Economic Emergency, it is likely that this decree would also be affected due to the suspension of the overarching emergency declaration. A final decision from the Court is still pending.

    This week's newsletters

• Report on recent US international tax developments - 30 January 2026
  Our weekly report with brief summaries of all the week's US international tax developments and related activity.

• Trade Lines - 30 January 2026
  Our trade newsletter for global business leaders delivers timely insights into the issues shaping global commerce—from tariff shifts and supply chain disruptions to legislative developments and compliance trends.

• Trade Talking Points - 23 January 2026
  Our bi-weekly report with the latest insights from EY's Trade Strategy team.

• The Latest on BEPS and Beyond - January 2026
  Our monthly report with brief summaries of the latest activity in the OECD Base Erosion and Profit Shifting (BEPS) project as well as country specific legislative and administrative activity, including global and regional policy trends related to the global focus on BEPS.

    Upcoming EY webcasts

• 3 February: New OBBBA charitable-giving rules
• 4 February: What payroll regulatory changes are effective from January 2026
• 5 February: Private equity & private capital quarterly tax update - Q1 2026
• 10 February: Alternative and registered funds reporting and regulation for 2026
• 13 February: EY Center for Tax Policy monthly update: Legislative, economic, regulatory and IRS developments

A calendar of all upcoming EY webcasts is available.

   Recent EY podcasts

• EY Podcast | Weekly US international cross-border taxation news for week ending 30 January 2026

All episodes of the EY Cross-Border Taxation Spotlight and
EY Talks Tax are available through Apple podcasts.

   This week's EY Global Tax Alerts

     Americas

• Guatemala joins OECD/G20 Inclusive Framework on BEPS

     Asia

• India Supreme Court rules on tax-treaty eligibility and taxation of Mauritius-based investment fund's indirect transfer of shares of Indian company
• Taiwan expands pension and employment insurance coverage for foreign professionals, effective 1 January 2026
• Taiwanese Government issues 'Directions for the Levy of Individual Income Tax on Individuals who Publish Creative or Informational Content Online'
• Vietnam publishes new Decree on financial policies in International Financial Center

     Europe

• Luxembourg adopts modernized carried interest regime
• Luxembourg proposes to implement single tax class and individualized taxation

    Middle East

• Oman establishes International Financial Centre

Additional resources

Comments. If you have any questions or suggestions about this newsletter, please email Tax News Update Help at: ustaxalertshelp@ey.com.

About Americas Tax Roundup

Published by NTD's Tax Technical Knowledge Services Group, Washington, D.C.
Jennifer Mannetta, writer and editor

Distributed weekly to all Americas Tax personnel.