Uruguay’s tax transparency improving

Uruguay has signed 7 new agreements providing for the exchange of tax information, showing its willingness to implement the global standards

This brings to a total of 18 the number of agreements Uruguay has with other countries, allowing it to move up to the OECD’s list of those that have ‘substantially implemented the standard for exchange of information’.

At the moment Uruguay has treaties with Denmark, Ecuador, Faroe Islands, Finland, France, Germany, Greenland, Hungary, Iceland, Liechtenstein, Malta, Mexico, Norway, Portugal, Republic of Korea, Spain, Sweden, and Switzerland.