On 26 August 2014, Uruguay's Chamber of Senators approved the pending income and capital tax treaty with Romania. The treaty was signed 14 September 2012, and is the first of its kind between the two countries. Romania ratified the treaty on 24 October 2013.
Taxes Covered
The treaty covers Uruguayan tax on business income, personal income tax, non-residents income tax, the tax for social security assistance, and capital tax. It covers Romanian tax on income, tax on profit, and non-residen…