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LatinNews Daily - 18 September 2019
In brief: Uruguay and Japan sign double taxation accord
* Uruguay’s economy & finance minister Danilo Astori and Japan’s ambassador to Uruguay Tatsuhiro Shindo have signed a bilateral tax agreement, with the purpose of eliminating double taxation arising between the two countries. The accord focuses on taxation on business profits and taxation on investment income and covers cooperation on preventing international tax evasion and tax avoidance. It will enter into force 30 days after domestic legislative approval is attained in both countries. The accord follows the bilateral agreement for liberalisation promotion and protection of investments, which was signed in March.
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- In brief: Uruguay and Japan sign double taxation accord