Uruguay has published the Decree of 16 October 2026, establishing the implementing regulations for the Pillar 2 Qualified Domestic Minimum Top-Up Tax (QDMTT), referred to in Spanish as the Impuesto Mínimo Complementario Doméstico (IMCD). As previously reported, the IMCD was introduced as part of Uruguay's National Budget and applies to fiscal years beginning on or after 1 January 2025.
The Decree details which entities are subject to the rules, which includes Uruguayan members of MNE groups…