Uruguay proposes tax on capital gains arising from bearer title dispositions

Latin American Tax Newsalert

The Uruguayan Parliament is expected to approve the 2014 budget soon. The budget contains several tax proposals including one that may impact significantly multinationals operating in Uruguay. The measure would eliminate the exemption available for capital gains arising from bearer title dispositions.

US groups operating in Uruguay should consider how these proposed measures could affect their existing or contemplated structures.



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