Uruguay has published DGI Resolution No. 3.034/024, which updates the list of low or no-tax jurisdictions and regimes, which is effective from 1 January 2025. The list applies in relation to certain measures regarding low-tax entities, which include that transactions with listed jurisdictions are deemed controlled for transfer pricing purposes, low-tax entities are subject to increased non-residents withholding tax and increased tax on capital gains, and others.
The updated list provided in…