Uruguay Provides Additional Advance Payment Deadline Extensions Due to COVID-19

Uruguay's Directorate General of Taxation (DGI) has announced Resolution No. 1251/2020 of 16 July 2020, which provides additional advance payment deadline extensions due to COVID-19. The Resolution provides that taxpayers with taxable gross income of up to 6 million indexed units (UI) in the previous year, excluding those managed by the Large Taxpayers Division, are allowed to pay their advance corporate income tax (IRAE), wealth tax (IP), and capital duty (ICOSA) for the months of June and …