Uruguay has published Decree 352/020, which allows corporate taxpayers to deduct expenses incurred with small companies that are exempt from tax, subject to certain conditions. This includes that such expenses are deductible provided that the relevant payments are made through electronic transfer and are documented with electronic invoices. For this purpose, electronic transfer includes any means of payment where a reciprocal debit and credit is generated between the bank accounts of the payer and the payee. The Decree is effective from 1 January 2021.