On 19 September 2024, Uruguay and United States approved an exchange-of-information agreement (Agreement) relating to tax matters in Uruguay. For highlights of the most relevant characteristics of this Agreement, see EY Global Tax Alert, Uruguay and United States sign exchange-of-information agreement, dated 9 November 2023.
The Agreement stipulates that information that is foreseeably relevant to the determination, assessment and collection of taxes will be exchanged. In Uruguay, the taxes are: …