Uruguay has ratified the US-Uruguay Exchange of Information Agreement (2023) through Law No. 20351. The legislation is currently pending publication in the Official Gazette.
Signed on 24 October 2023, under the agreement Uruguay and the US will assist each other by sharing relevant information on tax administration, legislation, and the investigation or prosecution of tax cases.
In addition, competent authorities from both countries can automatically share information, decide what to exchange it for, and determine the procedures for doing so, including any relevant information shared spontaneously to meet the agreement’s objectives.
