ECOFIN removes Uruguay from Annex II list of pending commitments for tax purposes

OECD Inclusive Framework Reaches Consensus on Pillar Two “Side by Side” Package

QDMTT: Stay Ahead of the Global Minimum Tax Curve

On 14 February 2023, the European Union (EU) announced that Uruguay had recently acquired the status of a "cooperating jurisdiction without commitments assumed."

To be recognized as a cooperative jurisdiction, Uruguay, in prior years, has undertaken different measures to become more aligned with the EU Standards on collaboration between regions.

Specifically, the Economic and Financial Affairs Counc…