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Uruguay Offers 22% VAT Refund to Foreign Tourists on Purchases and Services

  • Foreign tourists in Uruguay will receive a refund of 22 percentage points of VAT on certain purchases, including gastronomic services, event catering, and car rentals.
  • A 10.5 percentage point tax credit for IRPF will be given to those leasing properties to foreign tourists.
  • These benefits will be available from October 1 to April 30 of the following year.
  • Uruguay is launching a promotional campaign targeting Argentine tourists and analyzing the Argentine market.
  • The measures aim to boost tourism revenue amid economic volatility in neighboring Argentina, which affects Uruguay’s tourism sector.

Source: en.travel2latam.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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