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Member Articles


Uruguay Will Levy Corporate Income Tax on Foreign-Sourced Income

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 ...

VAT Treatments to Help Manage Your Cashflow

Businesses are continuing to face uncertainty arising from tensions created by the global political and economic situation and the impact of the pandemic. These issues have the potential to impact significantly on your c ...

Plan Now to Make Tax-Smart Year-End Gifts to Loved Ones

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or other recipients each year through the proper use of the annual exclusion. The exclusion amount is ...

Exceptional Regime for the Redemption of Retirement Savings Plans

Law no. 19/2022, of 21 October was published, setting forth an exceptional regime regarding the redemption of retirement savings plans (PPR), education plans (PPE) and retirement/education plans (PPR/E), allowing the cap ...

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