Uruguay Introducing Changes in Credit and Deduction for Special Donations

The Government of Uruguay has submitted a draft bill in the General Assembly (parliament), which contains various measures for the approval of the accountability and budget execution balance corresponding to fiscal year 2020, including certain tax measures. The includes adjustments in the tax credit and deduction available in respect of special donations made by companies in relation to health, education, and support to children and adolescents, as well as new rules for the approval of qualif…