🚨 Uruguay | Investment Promotion Regime Update Uruguay has issued Decree No. 329/2025, introducing a substantial redesign of its Investment Promotion Regime under Law 16,906, aimed at accelerating growth while making incentives more targeted, measurable, and impact-driven. Key Highlights: 🔹 Strategic refocus: Clean Technologies are replaced by Environmental Sustainability, and R&D now includes Technological Adaptation … Continued
During the final days of 2025 and throughout 2026, the Argentine Government is expected to advance a comprehensive tax reform agenda, to be implemented in several stages amid an active parliamentary schedule. As a first step towards modernizing, simplifying, and reducing the overall burden of the Argentine Tax System, on December 27th, 2025, the Argentine … Continued
Today, the Argentine Official Gazette published Law No. 27,774 which approves the Argentina – Luxembourg Income Tax and Wealth Tax Reciprocal Exemption concerning Income Arising from Aircrafts’ International Transportation Operations (“DTT”) signed on June 24th, 2004. We highlight the following aspects of this Treaty:
Today, the Uruguayan Official Gazette published Today, the Uruguayan Official Gazette published Law No. 20,367 which approves the Argentina – Turkey Double Tax Treaty (“DTT”) signed on November 19th, 2021. We highlight the following aspects: a. Scope: (i) In line with Action 2 of the Basis Erosion and Profit Shifting (BEPS) Plan, it sets forth … Continued
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On January 29th, the Chilean Official Gazette published the promulgation of the Chile – United States of America (“USA”) Double Tax Treaty (“DTT”) signed on February 4th, 2010, and effective December 19th, 2023. We highlight the following aspects: However: (i) if at any time under the domestic law of Chile the First Category Tax ceases … Continued
An Extraordinary Payment on Account of Income Tax for the Hydrocarbon Sector was published today in the Official Gazette of Argentina through General Resolution No. 5453/2023. Entities carrying out any of the activities below shall be subject to the payment on account obligations provided that in the FY 2022 or FY 2023 Income Tax return, … Continued
Last November 24th, Executive Decree No.929 was published in Ecuador, establishing the procedure for purposes of reporting and paying the Tax on No-Returnable Plastic Bottles (“PET” bottles) (“IRBP”) established by Decree-Law No. 877, as well as the requirements, conditions, and limits applicable to payments to transformer recyclers. These regulations apply at the national level to … Continued
Through Normative Resolution 102300000033 the Bolivian Tax Authorities publishes the deadlines extension until November 30th, 2023 applicable to (i) FY 2022 Unified Farming Regime (“RAU”) Tax Returns filing and payment obligations and (ii) the RAU Non-Taxability Certificate of this Regime processing. https://lnkd.in/dftFf29r
