Uruguay published Decree No. 93/025 on 28 April 2025, extending the temporary value-added tax (VAT) reduction for certain tourism-related services until 30 April 2026. The measure continues the nine percentage point cut from the standard 22% VAT

Bahrain approved the law for the ratification of the income tax treaty with Guernsey on 23 April 2025. The treaty was signed 29 September 2024, is the first of its kind between the two jurisdictions. It will take effect 30 days after the exchange

Uruguay has issued Decree No. 85/025 on 2 April 2025, extending the tax benefits for large investment projects in construction and urban development. These incentives were first introduced in 2020 under Decree No. 138/020 as part of measures to

Canada and Uruguay have agreed to begin negotiations on updating their Foreign Investment Promotion and Protection Agreement (FIPA), originally signed in 1999. The revised agreement aims to strengthen trade and investment ties between the two

Uruguay’s General Tax Directorate (DGI) has issued Resolution No. 3.034/024 on 30 December 2024, updating its list of low or no-tax jurisdictions, effective 1 January 2025. The new list includes 32 jurisdictions, adding Guyana while removing

The Uruguayan tax authorities (DGI) issued a Resolution 2,867/024 on 11 December 2024, establishing deadlines for filing tax returns and payments from January to December 2025. The filing deadlines for tax returns in 2025 for state-owned