Member Articles

Uruguay has recently signed an agreement (the “Agreement”) to facilitate the exchange of such information. This is to the extent that the information may be foreseeably relevant for the assessment and collection of t ...

The Uruguayan Government has called two (2) international bids for the construction and operation of two (2) luxury hotels, together with the exploitation of their corresponding games of chance and gambling rooms. The ho ...

The Uruguayan Government has called an international bid in order to promote its association with private investors for the development of current business related to the production, commercialization and distribution of ...

The Executive Branch has just called an international bid for the construction, development and operation of a free-trade zone (zona franca) next to Punta del Este. Free trade zones are areas of the Uruguayan territory w ...

Up to now, in Uruguay Corporate Income Tax (“the CIT”) was assessed over local-sourced income. As per a recent legal reform, and for the fiscal periods starting as from January 1, 2023, CIT will also apply to foreign ...

As from 1 January 2023, passive foreign-sourced income which currently is excluded from the scope of Corporate Income Tax (i.e., real estate rents, dividends, interests, royalties, and other passive income including capi ...