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Facilitate payment of income tax by income.

is to be generated by foreign assets
For Tax Department in charge of the consulting CPA / Ferrero, Javier Metre, the rules of law that imposes income tax the earnings on foreign assets will have several "measures to facilitate the payment" of such tax. While

since 1 January this year, the earnings on the assets of capital (interest on deposits, debt securities or shares etc.) is taxed to Income Tax of Individuals (income tax ) at a rate of 12%, it is not regulated.

In that sense, Metro said yesterday in an event organized on CPA tax changes "likely to be applied (by regulation) a criterion of the perceived" that is, when the taxpayer receives income and it pays tribute, no. On the other hand, considered to be applied "notional scheme" to determine the rent in cases not able to identify how much income and how much capital gains (not taxed).

Official sources told El Pais days ago to be designated withholding agents of this tribute to banks and stockbrokers, among others.

Director of Revenue, Paul Ferreri said in the event that created a unit of international taxation in the Internal Revenue Service, which shall request information and provide it in the context of agreements to avoid double taxation which has (and will) Uruguay containing OECD standard for information exchange. He noted that the officers of this unit were all trained abroad.