12 July 2016 Uruguay approves tax treaties with Belgium and Vietnam Taxpayers should review the provisions of the treaties to determine how they might benefit from them. Uruguay's Parliament recently approved a Treaty to Avoid Double Taxation with Belgium and Vietnam on June 24, 2016. Both treaties include an information exchange clause and will enter into force 15 days after the date in which the countries inform each other that they have complied with the local legal requirements. The treaty with Belgium will apply to income taxes for tax periods beginning as of January 1 of the following year. The treaty with Vietnam will apply to taxes withheld and tax periods beginning as of January 1 of the year following the entry into force.
Document ID: 2016-1195 | |||||||||||||||||||
