- Uruguay extended the 9% reduced VAT rate for certain tourism-related transactions paid with specified electronic means through April 30, 2027 (from Sept. 30, 2026) under Decree No. 235/026.
- The reduced rate applies when individual consumers pay with credit or debit cards, electronic money instruments, or similar payment methods, and is available to both residents and nonresidents.
- For purchases from minimum VAT payers, the VAT reduction is calculated using a 7.38% discount.
- Eligible services include tourism-related services such as restaurant and hotel catering services.
Source: news.bloombergtax.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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