Uruguay's Directorate General of Taxation has published Resolution 2.440/2020, which updates the list of low or no tax jurisdictions and regimes for the year beginning 1 January 2021. The list applies in relation to the measures regarding low tax entities introduced in Law No. 19.484 of 5 January 2017, which includes that transactions with listed jurisdictions are deemed controlled for transfer pricing purposes, low-tax entities are subject to increased non-residents withholding tax and incr…