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  • Service: Tax, International Corporate Tax, International Executive Services, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 8/15/2012

Uruguay - Income tax treaties with Ecuador, Liechtenstein, and Portugal 

August 15:   Uruguay signed new income tax treaties with Ecuador, Liechtenstein, and Portugal in July 2012.

The treaties are part of Uruguay’s compliance with international standards of transparency (i.e., the Organization for Economic Cooperation and Development).


The income tax treaties are subject to the signatory countries’ ratification processes.


  • The treaty with Liechtenstein will enter into force once representatives of Uruguay and Liechtenstein notify each other that the ratification procedures required by their domestic laws have been completed.
  • The treaties with Ecuador and Portugal will enter into force 15 and 30 days after each country has been notified that such procedures have been completed, respectively.

The treaties also include provisions concerning exchange of tax information.


Read a July 2012 report (Spanish) prepared by the KPMG member firm in Uruguay: El Parlamento uruguayo ratifica tres nuevos convenios internacionales en material tributaria




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