VAT rates in Uruguay

Quick overview

Standard Rate	Reduced Rate	Other Rates
22%	10%	Zero-rated (0%) and exempt

The local name for VAT in Uruguay is Impuesto al valor agregado (IVA).

There are basically 2 VAT rates in Uruguay:

• Standard VAT rate is 22%
• Reduced VAT rate is 10%

Recent developments

For more information about (recent) rate change developments in Uruguay, please click HERE.

Standard rate: 22%

This rate applies for all transactions that take place in Uruguay, unless an exception applies (such as a reduced rate, the zero rate or an exemption, or a reason to treat the transaction as outside scope of VAT).

Reduced rate: 10%

Goods and services taxable at 10%

• Basic foodstuffs
• Soap
• Medicines
• Services supplied by hotels in “high season” to resident individuals
• Tourist services
• Health services

Zero rate (0%)

• Milk
• Books, newspapers, magazines and educational material
• Water
• Exports of goods

Exempt supplies of goods and services, without the right to deduct VAT

• Foreign currencies, securities, bonds, stocks and other financial transactions

 

A global VAT/GST rate overview can be found here (note this is a work in progress).

This post was last updated on October 19, 2021.

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