Under certain circumstances, corporate income taxpayers may choose not to compute goodwill in restructurings.On 28 February 2020, Uruguay’s Executive Power issued a decree modifying Decree No. 150/2007, by adding a new article on corporate restructurings conducted through mergers or spin-offs. The new article allows taxpayers to not compute the goodwill in those transactions if the following conditions are met:The “final owners” of the surviving company must be the same as the “final owners” of the companies involved in the mergers or spin-offs, and they must keep their capital interests in the same proportion (except in cases of inheritance, marital dissolution or...