Ecuador has enacted the Decree Law on the Organic Law for Improving Tax Collection through Combating Money Laundering on 10 December 2024. The Law introduces a new tax of up to 5% on used vehicle transfers, which must be paid by buyers, including

Ecuadorian President Daniel Noboa signed a decree ratifying the income and capital tax treaty with the UK on 13 December 2024. The agreement aims to avoid double taxation on income and capital gains between the two countries. It will apply to

Ecuador introduced the Organic Law for Financial Relief and Economic Strengthening of Generations on 9 December 2024, which took effect on the same date. This legislation includes several key measures which includes an income tax credit for

Ecuador’s President Daniel Noboa has signed Executive Decree No. 470 on 4 December 2024, extending the 15% VAT rate increase through 2025. The VAT rate has been increased from 12% to 15% under the Organic Law to Confront the Internal Armed

The Uruguayan tax authority (DGI) has issued a reminder to taxpayers on 28 November 2024  that the deadline for joining the electronic invoicing regime (régimen de documentación fiscal electrónica) is 31 December 2024. The universalisation of

Uruguay issued Decree No. 281/024, on 31 October 2024, which aims to promote electronic surveillance services provided by telecommunication companies for criminal investigations. The decree, based on Law No. 16.906, supports these companies by