Taxation in Uruguay

Taxes in Uruguay are collected by the General Taxation Directorate (Spanish: Dirección General Impositiva, DGI).

Taxation
An aspect of fiscal policy
Policies
Economics
General Theory
Distribution of Tax
Collection
Noncompliance
General
Corporate
Locations
Major examples
Types
International
Trade
Research
Academic
Advocacy groups
Religious
By country
All Countries
Individual Countries

A major tax reform bill came into force on 1 July 2007 with the number 18083.[1][2] Nevertheless, something important remained: Uruguay applies the source principle, with investments located and activities performed outside Uruguay remaining untouched.[3]

Tax rates
  • Value added taxes (VAT): basically 22%, but some goods (pharmaceutical, etc.) are taxed with 10%, and fruits and vegetables are not taxed. As of August 2014, the Financial Inclusion Law (Spanish: Ley de Inclusión Financiera[4]) established a 4% tax deduction for sales with debit cards and 2% for credit cards.[5]
  • Corporate tax: it used to be 30%, since 2007 it was lowered to 25%, but special dispositions can bring this to 33%.[6]
  • Individual income tax: Since 2007[1] there is a progressive scale of taxation, with a non-taxable minimum. The payroll tax is part of the same tax scheme.
  • Wealth tax: There is a non-taxable minimum which leaves the big majority of Uruguayans out of this duty. A progressive scale of taxation ranges from 0.7% to 2.75%.

Other taxes
  • The Schools Tax (Spanish: Impuesto de Enseñanza Primaria) taxing urban rural estate was collected by the National Administration of Public Education and, since 2018, is collected direct by DGI.
  • Regional administrations in the country can establish, collect and control certain taxes through their respective Departmental Councils. The most significant local taxes include the Real Estate Tax, Vehicle Registration Fee and the Food Analysis Tax.

See also

References
  1. "Tax system in Uruguay". Parliament of Uruguay. Retrieved 2014-09-21. (in Spanish)
  2. "Uruguayan government drafts major tax reform bill". PwC. Retrieved 2014-09-21.
  3. "Doing Business In Uruguay" (PDF). PKF. Retrieved 2014-09-21.
  4. "Financial Inclusion Law" (PDF). Parliament of Uruguay. Retrieved 2014-09-21. (in Spanish)
  5. "Uruguay cuts VAT rate on electronic purchases". VAT Live. Retrieved 2014-09-21.
  6. "Uruguay: Tax and Investment Profile" (PDF). Deloitte. 2012. Retrieved 2014-09-21.


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