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Uruguay Increases Individual Income Limit to Apply for Simplified Regime in 2023

|Approved Changes|Uruguay
Uruguay

Uruguay published Decree No. 118/023 in the Official Gazette on 20 April 2023, which contains certain regulations for the implementation of Law 20.124 and other amendments. As previously reported, Law 20.124 introduced amendments in relation to individual income tax (IRPF) and social security assistance tax (IASS). In addition to the regulations for the implementation of Law 20.124, Decree No…

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