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Uruguay enacts new initiative to attract IT professionals using tax incentives

|Tax Alerts, Information Reporting, Legis ...|Uruguay
Uruguay

  • A new law makes it easier for certain information technology (IT) professionals with IT activities in Uruguay to pay nonresident income tax and to be exempted from making social security contributions.
  • The law also makes employers responsible for withholding nonresident income tax on behalf of the IT professionals under contract.
  • This Alert outlines the eligibility requirements.

Uruguay continues to demonstrate its commitment to fostering the growth of its information technology (IT) sector through…

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