Uruguay's Ministry of Finance has launched a public consultation on a draft bill that contains measures to comply with commitments made with the European Union in July 2021 to address a potentially harmful preferential tax regime identified by the Forum on Harmful Tax Practices. Due to the potentially harmful regime, Uruguay was added to the EU's non-cooperative jurisdictions grey list (Annex II), with a commitment to make necessary amendments by 31 December 2022. The issue concerns the pote…