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November 19, 2024 Uruguayan Executive Power grants tax incentives to telecommunications entities
Decree No. 281/024, published in the Official Gazette on 31 October 2024, states that telecommunication entities that perform electronic surveillance activities for the investigation of crimes will benefit from a series of tax exemptions applicable to investments in electronic data processing equipment and software, made from the date of the decree until 30 June 2025. These exemptions include:
Affected multinational entities with interests in Uruguay should become familiar with Decree No. 281/024, which can be accessed here (only in Spanish).
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