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Uruguay returns to European Union’s tax haven “grey list”

RIO DE JANEIRO, BRAZIL - Uruguay returned this week to the "gray list" of countries that the European Union (EU) has included in its list of countries that do not comply with European standards on transparency and exchange of tax information but that have promised to change their legislation. Costa Rica, Hong Kong, North Macedonia, Malaysia, and Qatar are also included.

The country had managed to leave the "gray list" in March 2019, during the last year of Tabaré Vázquez's government, after passing a technical assessment made in the framework of the Forum on Harmful Tax Practices by the . . .

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