Uruguay has published Resolution No. 818/021 of 25 May 2021, which provides measures for the recovery of advance corporate income tax (IRAE) payments made for the period January to March 2021 by taxpayers that were exempted from advance payments by Law 19.942 of 23 March 2021. As provided by Article 8 of Law 19.942, taxpayers with taxable gross income of up to 915,000 indexed units (UI) in the previous year are exempted from monthly advance payments corresponding to the obligations accrued during the period 1 January to 30 June 2021. Resolution No. 818/021 essentially provides that eligible taxpayers that made...