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The Nexus
BUSINESSJul 18 · 06:18 UTCTHE RIO TIMESGabriela Vargas

Uruguay’s Foreign-Income Tax: The Planning Levers for Wealthy Residents

Uruguay's foreign-income tax for residents imposes a 12% rate effective January 2026, with an 8% withholding option to avoid filing. Taxpayers may choose annually between taxing actual foreign income or a notional base, and offshore entities are subject to a 'look-through' rule.

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