Business tax – international treaty

Uruguay: tax treaties

Tax treaties between the UK and Uruguay and related documents.

Detail

The Double Taxation Convention was signed on 24 February 2016.

The Double Taxation Convention entered into force on 14 November 2016.

The Convention shall enter into force and take effect:

a) In respect of taxes withheld at source, for amounts paid or credited on or after 1 January 2017.

b) In respect of other taxes, for taxable periods (and in the case of UK Corporation Tax, financial years) beginning on or after the first day of January 2017.

Notwithstanding the provisions in a) and b) above:

a) The provisions of Article 21 (Capital) of this Convention shall not take effect unless the Contracting States so agree through an exchange of diplomatic notes.

b) The provisions of Article 25 (Mutual agreement procedure) and Article 26 (Exchange of information) shall have effect from 14 November 2016, without regard to the taxable period to which the matter relates.