30 October 2019

Uruguay’s President signs Multilateral Convention to adapt Uruguay’s treaties to avoid double taxation in accordance with the BEPS plan

Uruguay’s President signed the Multilateral Convention (MLI), approved by Parliament on 11 September 2019. The MLI will automatically adapt several bilateral double taxation treaties signed by Uruguay to the Organisation for Economic Co-operation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) principles. The MLI will enter into force after Uruguay deposits it with the OECD and approval by the other States is verified.

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 (United States), Latin American 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

    ATTACHMENT

    Document ID: 2019-6348