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.
