The Switzerland - Uruguay Income and Capital Tax Treaty (2010) entered into force on 28 December 2011. The treaty generally applies from 1 January 2012. The treaty was concluded in French, Spanish and English languages, each text having equal authenticity. However, in the case of divergence, the English text prevails. The treaty generally follows the OECD Model Convention. The maximum rates of withholding tax are: -   dividends:       -   15% in general; and -   5% if the beneficial owner is a company (other than a partnership) which controls directly at least 25% of the capital...