VATupdate

Share this post on

Uruguayans to Pay Zero VAT on Hotels During 2023-2024 Season

  • Uruguayan residents will not have to pay VAT on hotel stays between December 15 and April 30 during the 2023-2024 season.
  • There will be a subsidy for workers with incomes below 45,000 pesos starting in February.
  • The tourism season was inaugurated by President Luis Lacalle Pou and Minister Tabaré Viera in La Paloma, Rocha.
  • The government is optimistic about the season and highlighted the resilience of the tourism sector after the pandemic.
  • In the first nine months of 2023, almost 2.8 million visitors arrived in Uruguay, surpassing the previous year’s numbers.
  • The government aims to encourage Uruguayans to vacation within the country.
  • The IVA zero rate for resident tourists will be in effect from December 15, 2023, to April 30, 2024.
  • The “Tourism for All” program will provide a 50% subsidy on hotel costs for workers with incomes below 45,000 pesos starting in February.
  • Foreign tourists will continue to enjoy existing benefits such as VAT zero rate on hotels, gastronomy services, and vehicle rentals.
  • President Lacalle Pou visited stands offering artisanal products made with local raw materials.

Source: gub.uy

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner