- VAT Reduction Extension: Uruguay has extended the 9% VAT reduction for tourism services until 30 April 2026, applicable to electronic payments.
- Eligible Services: The reduced VAT rate applies to various tourism-related activities, including restaurant services, catering, car rentals, and real estate mediation for tourism.
- Support for Tourism Sector: This initiative, enacted through Decree No. 93/025, aims to bolster the tourism industry by incentivizing electronic payment transactions.
Source:
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.
Latest Posts in "Uruguay"
- Clothing Chamber Criticizes Ambiguous VAT on Foreign Purchases, Proposes Industry Support Fund
- Economists Criticize Opposition’s Stance on VAT for Online Foreign Purchases, Citing Lobby Influence
- Opposition Rejects Online Platform VAT, Claims It Will Harm Investment and Consumer Confidence
- Uruguay Considers Applying VAT to Online Foreign Purchases to Address Market Inequity
- Tourism VAT Rate of 9% Extended to April 2026 for Card and E-Money Payments
