Uruguay Slaps 12% Tax on Foreign Income for Residents

Uruguay · Taxes Key Facts What changed. Uruguay now taxes its tax residents on foreign passive income, breaking with its long-marketed territorial system. The rate. A flat 12 percent. A reduced 8 percent applies only in a narrow case: where a Uruguayan intermediary both handles and holds custody of your foreign securities, and you elect […] The post Uruguay Slaps 12% Tax on Foreign Income for Residents appeared first on The Rio Times .