The income tax treaty between Italy and Uruguay entered into force on 9 October 2020. The treaty, signed 1 March 2019, is the first of its kind between the two countries. Taxes Covered The treaty covers Italian personal income tax, corporate income tax, and regional tax on productive activities. It covers Uruguayan income tax on economic activities, personal income tax, non-resident income tax, and social security assistance tax. Residence If a person other than an individual is considered resident in both Contracting States, the competent authorities will determine the company's residence for the purpose of the treaty through mutual agreement....