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Uruguay presents bill proposal to approve double taxation treaty with Turkiye

07 April 2025

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Tax Alerts, National/Federal Taxation, Treaties, Global

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Turkey, Uruguay

~internalAttachments~The Uruguay-Turkiye Double Taxation Treaty (DTT) was signed on 12 November 2024, and presented to the Uruguayan Parliament on 25 February 2025 for approval.The DTT aims to eliminate double taxation and enhance economic ties between Uruguay and Türkiye, promoting international tax cooperation.The DTT will take effect for withholding taxes on amounts paid or credited from 1 January 2025, and for other taxes starting from tax periods beginning 1 January 2025 once the treaty come into force. On 25 February 2025, the Uruguayan Executive Power presented a bill to the Uruguayan Parliament to approve the Double Taxation Treaty (DTT) between Uruguay and...