The income tax treaty between Brazil and Uruguay was signed on 7 June 2019. The treaty is the first of its kind between the two countries and provided for the following withholding tax rates: Dividends - 10% if the beneficial owner is a company that has held at least 25% of the paying company's capital for 365-days period including the date of payment; otherwise, 15% Interest - 15% Royalties - 15% for royalties paid for the use of trademarks; otherwise, 10% Fees for technical services (managerial, technical or consultancy) - 10% The treaty will enter into force after the ratification...