The Exchange of information agreement between United Kingdom and Uruguay was signed in London
The Exchange of Information Agreement between United Kingdom and Uruguay was signed in London on 14 October 2013. The exchange of tax information between the two countries will now be up to international standards. Uruguay is now categorized by the
See MoreUruguay – Taxation procedure of public companies transferred to foreign country
An advisory firm of Uruguay recently issued a report concerning the transfer of public companies to a foreign country (and vice-versa). Generally those companies are no longer subject to Uruguay’s corporate income tax (since the company is no
See MoreIncome Tax Treaty between Belgium and Uruguay signed
The Income Tax Treaty between Belgium and Uruguay was signed on 23 August 2013. Under the treaty the definition of a permanent establishment includes a building site, construction or installation project that continues for six months. The definition
See MoreLuxembourg and Uruguay initial a tax treaty
Luxembourg and Uruguay initiated a double tax agreement (DTA) on August 27, 2013. As Uruguay is considered to be one of the leading financial centers in South America a treaty with Luxembourg would open up possibilities for investors and funds from
See MoreUruguay enacts limits on tax incentives
Uruguay has issued Decree No. 226/013 which introduces a new ceiling on the tax credit for donations to art and cultural projects. The new ceiling applies from 14 August 2013. Under the new provisions, the maximum amount of tax credit on donations
See MoreUruguay: New rules regarding foreign tax credit
The tax authorities of Uruguay issued Resolution No. 1,815/2013 regarding new rules on foreign tax credit on 26 June 2013. The resolution sets out the requirements for benefiting from foreign tax credits under the domestic law or tax treaties.
See MoreUruguay: National Assembly presents Budget Bill 2012
The government of Uruguay presented a Bill to the National Assembly on 30 June 2013 that reviews the 2012 Budget. Capital gains on bearer shares have become subject to individual income tax (IRPF) and non-resident income tax (IRNR) unless particular
See MoreIndia: Treaty between India and Uruguay enters into force
The Income and Capital Tax Treaty between India and Uruguay entered into force on 21 June 2013. The treaty generally applies from 1 January 2014 for Uruguay and from 1 April 2014 for India. This treaty was signed in September 8, 2011. Under the
See MoreTreaty between Finland and Uruguay enters into force
The Income and Capital Tax Treaty between Finland and Uruguay entered into force on 6 February 2013. The treaty generally applies from 1 January 2014. The treaty is based generally on the model tax conventions of the OECD and UN. The definition of a
See MoreUruguay ratifies the TIEA with Argentina
On November 7, 2012, according to media reports, Uruguay's Chamber of Senators approved a law that would ratify the tax information exchange agreement (TIEA) the nation signed with
See MoreEcuador completes the ratification of the Ecuador-Uruguay DTA
Ecuador completed the ratification of the Ecuador-Uruguay double taxation agreement (DTA), publishing a notification in its Official Gazette on September 28,
See MoreDTA between Portugal and Uruguay enters into force
According to media reports, the double taxation agreement (DTA) signed between Portugal and Uruguay on November 30, 2009, entered into force on September 13,
See MoreEcuador: National Assembly approves the pending DTA with Uruguay
According to media reports, the National Assembly of Ecuador approved the pending Ecuador-Uruguay double taxation agreement (DTA) and an accompanying Protocol on September 11,
See MoreArgentine Senate approves the TIEA signed between Argentina and Uruguay
On August 21, 2012, the Argentine Senate approved legislation relating to the tax information exchange agreement (TIEA) signed between Argentina and Uruguay on April 23, 2012, publishing law 26,758 in its Official
See MoreUruguay to Exchange Tax Information with Argentina
On 1 May 2012 it was reported that Uruguay has agreed to share tax information with Argentina, under a landmark double tax agreement recently signed between the two nations. Uruguay's economy minister, Fernando Lorenzo has said that the terms of the
See MoreIndia-Uruguay: Signed DTA
The Government of India has signed an agreement with Uruguay for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital (DTA). According to the DTA the business profits will be taxable in
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