- 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.
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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.
