Uruguay · Taxes Key Facts The rate. Uruguay taxes most foreign-source capital income at a flat 12% for tax residents. The look-through. Income routed through a foreign entity is attributed to a resident who owns more than 5%. No hiding. That catches people who assumed an offshore company shielded the income. US exposure. There is […] The post Uruguay’s 12% Tax Goes Deeper: The Look-Through Rule and the US-Expat Trap appeared first on The Rio Times.