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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. Martha Roca | martha.roca@uy.ey.com María Inés Eibe | ines.eibe@uy.ey.com Ana Mingramm | ana.mingramm@ey.com Enrique Perez Grovas | enrique.perezgrovas@ey.com Pablo Wejcman | pablo.wejcman@ey.com Jose Padilla | jpadilla@uk.ey.com Raul Moreno, Tokyo | raul.moreno@jp.ey.com Luis Coronado, Singapore | luis.coronado@sg.ey.com Document ID: 2019-6348 |