26 July 2018

Uruguay's Parliament approves bill establishing new benefits for taxpayers and amending CIT regime

On 13 July 2018, Uruguay's Parliament approved a bill (Law No. 19,637) that would establish new benefits for taxpayers, as well as change the way biotechnology, bioinformatics and software companies calculate corporate income tax (CIT).

For further information, see EY Global Tax Alert, Uruguayan Executive Power proposes changes to corporate income tax regime and new benefits for taxpayers, dated 23 May 2108.

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CONTACTS

For additional information with respect to this Alert, please contact the following:

Ernst & Young Uruguay, Montevideo

  • Martha Roca
    martha.roca@uy.ey.com
  • María Inés Eibe
    ines.eibe@uy.ey.com

Ernst & Young, LLP, Latin America Business Center, New York

  • Ana Mingramm
    ana.mingramm@ey.com
  • Enrique Perez Grovas
    enrique.perezgrovas@ey.com
  • Pablo Wejcman
    pablo.wejcman@ey.com

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

  • Jose Padilla
    jpadilla@uk.ey.com

Ernst & Young Tax Co., Latin America Tax Desk, Japan & Asia Pacific

  • Raul Moreno, Tokyo
    raul.moreno@jp.ey.com
  • Luis Coronado, Singapore
    luis.coronado@sg.ey.com

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ATTACHMENT

PDF version of this Tax Alert

 

Document ID: 2018-5906