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| | A summary of the top weekly tax developments in the Americas | |
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| | This week's tax news from the Americas - Canada releases draft legislative proposals for Budget 2025 and other previously announced measures
In draft legislation released 29 January 2026, the Canadian Department of Finance outlined certain measures from the 2025 federal budget, including immediate expensing for manufacturing or processing buildings, effective for properties acquired on or after 4 November 2025. The draft legislation also included, among other things, updating the Global Minimum Tax Act to introduce a "de-consolidation" rule for private investment entities, which would apply for fiscal years beginning on or after 31 December 2023.
- Chilean Tax Authority releases new guidance on the neutral tax reorganization regime
The Chilean Tax Authority has confirmed in rulings No. 205 and No. 206 that international contributions — including contributions of Chilean shares between foreign group entities — may qualify as a tax-neutral business reorganization under the tax neutrality regime in certain circumstances. The Chilean Tax Authority also confirmed in ruling No. 208 that the transfer of a Chilean company through a capital reduction or an in-kind dividend distribution may benefit from the tax neutrality regime, provided that the transfer forms part of an integrated international reorganization.
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| | This week's newsletters - Tradelines - 6 February 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.
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| | Upcoming EY webcasts A calendar of all upcoming EY webcasts is available. | | |
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| | Recent EY podcasts All episodes of the EY Cross-Border Taxation Spotlight and
EY Talks Tax are available through Apple podcasts. | | |
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| | This week's EY Global Tax Alerts Asia Europe Middle East | | |
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| | This week's EY publications Economics Life Sciences Partnerships Planning Sustainability | | |
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| | Additional resources EY Global Tax News Update
EY's Global Tax Alerts and other content can be delivered directly to your inbox. Register for EY's Global Tax News Update. | EY Guides available for download
Browse our in-depth guides covering corporate tax, indirect tax, personal taxes, TP and other tax matters in more than 150 countries. |
Comments. If you have any questions or suggestions about this newsletter, please email Tax News Update Help at: ustaxalertshelp@ey.com. | |
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| | 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. | |
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