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 taxes, as well as for the investigation and prosecution of tax cases.
In principle, the Agreement would not allow the exchange of tax…
Earlier this week, the Brazilian Official Gazette published the Double Taxation Treaty entered into between Brazil and Uruguay in 2019 and enacted by the Brazilian Congress earlier this year (“the Treaty”).
Main provisions of the Treaty are summarized below:
(i) Dividends: Can be subject to a withholding tax at the source - i.e., where the company distributing…
The Uruguayan Administration has recently published the new Reference Framework for Uruguay's potential issuance of Bonds Indexed to Climate Change Indicators (BIICC). This Framework aligns with the five main components of ICMA's Sustainability-Linked Bond Principles 2020. The Framework for BIICC issuance is the keystone for Uruguay's access to the sustainable sovereign financing market, seeking to…
On October 27th, the webinar "Innovation Opportunities in Israel for participants of Argentina and Uruguay", hosted by Pearl Cohen (Israel), Estudio Garrido (Argentina) and Bergsteiin, will be held. The webinar will focus on building bridges between the Israeli high-tech ecosystem, Argentina and Uruguay, highlighting key strategies Southamerican companies need to consider when investing in Israeli…
The Argentine tax publication named “Revista de Tributación”, published by the Argentine Association of Tax Studies, has published a law review article by Jonás Bergstein under the heading: “Tax Residence in Uruguay” (vol. 4, 2020).