Extension of Food Measures: Foral Decree 2/2024 Amending Foral Decree 3/2023 on VAT

• The government has extended the VAT reduction for the tourism sector
• The Ministry of Tourism is considering extending the cruise season until the beginning of winter
• The Uruguayan Chamber of Tourism celebrated the extension of the VAT reduction for the sector
• The reduction in the price gap improved the balance of tourist spending and VAT collection
• The extension of these measures is important for promoting Uruguay as a tourist destination
• The VAT discount applies to various tourism-related activities
• The extension of the VAT reduction will last until April 25, 2025.

Source: audiconsultores-etlglobal.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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