Bottom Line Up Front

Today’s verdict: Uruguay’s 12% tax on foreign income goes live this Wednesday, the weekend’s must-watch item for residents — while the World Cup group stage closes with Colombia and Argentina in action and Uruguay already out.

Uruguay’s tax lands Wednesday. The 12% tax on foreign capital income starts collecting on July 1, when withholding for the first half of 2026 begins reaching the DGI. New residents should lock in their one-time regime choice before it does.

Uruguay out; finales today. Uruguay lost 0-1 to Spain and are eliminated, while Colombia face Portugal and Argentina meet Jordan tonight to close their groups. Brazil, Mexico, Argentina, Colombia and Ecuador are through.

Colombia’s cabinet takes shape. The handover is firming, with names floated for finance, defense and interior, though all remain unconfirmed. The first official picks are the next thing foreigners will read for direction.