25 July 2018 Uruguay enacts bill establishing new benefits for taxpayers and amending the CIT regime On July 13, 2018, the Uruguayan executive branch enacted Law No. 19,637, previously sanctioned by the Parliament, that would establish new benefits for taxpayers, as well as change the way biotechnology, bioinformatics and software companies calculate the corporate income tax (CIT). For further information, see Tax Alert 2018-1081. Document ID: 2018-1489 |