The income and capital tax treaty between Brazil and Uruguay entered into force on 21 July 2023. The treaty, signed 7 June 2019, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Brazilian federal income tax and the social contribution on net profit. It covers Uruguayan income tax on economic activities, personal income tax, non-resident income tax, social security assistance tax, and property tax.
Residence
If a company is considered resident in both C…