The Ministry of Economy and Finance issued a decree regulating the law that modifies the traditional source criteria for Corporate Income Tax (CIT) to comply with European Union (EU) requirements. The decree will become effective for fiscal years beginning as of 1 January 2023.On 14 December 2022, the Uruguayan President signed a regulatory decree for the changes included on law 20,095, which introduced certain changes to the traditional source criteria for CIT (see EY Global Tax Alerts, Uruguayan Government submits bill to Parliament to modify Uruguayan CIT source criteria, dated 12 October 2022 and Uruguay’s Government enacts law to modify...