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Another Super(annuation) Tax!

The Federal Government has released the draft legislation for the latest tax on Superannuation funds, with the proposed new 15% tax on superannuation fund members with balances more than $3 million in super. This will be ...

Tax Information Exchange between Uruguay and the U.S.

Uruguay has recently signed an agreement (the “Agreement”) to facilitate the exchange of such information. This is to the extent that the information may be foreseeably relevant for the assessment and collection of t ...

VAT: Transitional Application of Exemption for Certain Food Products

Law no. 60-A/2023, of October 31, extends the transitional application of VAT exemption to certain food products until 31 December 2023, amending Law no. 17/2023, of 14 April. In addition, it is integrating other food p ...

Tax-Free Telecommuting Expenses

Ordinance no. 292-A/2023 of September 29 approves the setting of the limit values of the compensation due to the employee for the additional expenses derived from teleworking that does not constitute income for tax purpo ...

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