The Executive Power of Uruguay has approved new tax benefits for investments made by telecommunication entities that meet certain conditions. Decree No. 281/024, published in the Official Gazette on 31 October 2024, states that telecommunication entities that perform electronic surveillance activities for the investigation of crimes will benefit from a series of tax exemptions applicable to investments in electronic data processing equipment and software, made from the date of the decree until 30 June 2025. These exemptions include:Corporate Income Tax exemptions, not to exceed 12,000,000 Indexed Units (approximately US$1.84m), with a period of three fiscal years to use the benefitNet Wealth...