• Liechtenstein - Uruguay
    Tax Treaty Enters Into Force

    27-09-2012

    The Income Tax Treaty between Liechtenstein and Uruguay entered into force on 3 September 2012 after the exchange of ratification instruments between the two countries.

    In accordance with the new treaty, the following withholding taxes will apply:

    • Dividends:
      • 5% if the beneficial owner is a person other than an individual which holds directly at least 10% of the capital of the company paying the dividends.
      • 10% in all other cases.

    • Interest:
      • 0% if the interest is paid in connection with the sale on credit of any industrial, commercial or scientific equipment.
      • 0% if the interest is paid on a loan granted by a bank for at least 3 years for financing investment projects.
      • 10% in all other cases.

    • Royalties: 10% withholding tax on royalties.

    The treaty will be effective as of 1 January 2013.

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