Uruguay has published Decree No. 166/017 of 26 June 2017, which regulates the new ultimate beneficial ownership reporting requirements that were introduced by the Law on International Tax Transparency and Identification of Beneficial Ownership, enacted in January 2017. The reporting requirements apply for most resident entities, as well as certain non-resident entities. Ultimate beneficial owners to be reported include individuals that directly or indirect hold at least 15% of the capital or…