Dossier
offshore company
Coverage of offshore company in the Nexus archive.
- Uruguay’s 12% Tax Goes Deeper: The Look-Through Rule and the US-Expat Trap
Uruguay taxes foreign-source capital income at a flat 12% for tax residents. The look-through rule attributes income from entities owned over 5% to residents, affecting those who believed offshore companies concealed earnings. US expats are particularly exposed to this tax policy.