Uruguay’s Parliament approved a bill that modifies the traditional source criteria for Corporate Income Tax (CIT) purposes to comply with European Union (EU) requirements. The proposed tax measures will be effective from fiscal years beginning on 1 January 2023.On 16 November 2022, the Uruguayan Parliament approved law 20,095, which introduces certain changes to the traditional source criteria for CIT. The changes initially proposed in the bill presented on 6 October 2022 were sustained (see EY Global Tax Alert, Uruguayan Government submits bill to Parliament to modify Uruguayan CIT source criteria, dated 12 October 2022).The Law was published by the Official...