- Tax collection in Uruguay returned to positive growth in September with a 5.9% real increase after a negative August
- Total collection reached 61,859 million pesos driven mainly by strong VAT performance which grew 11.7%
- Consumption taxes showed significant improvement of 10.2% compensating for continued weakness in business income tax
- Net collection after tax refunds was 52,796 million pesos with 4.1% real annual variation
- Property taxes also recovered in September with 4.7% growth compared to the previous month
Source: ambito.com
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.
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