Reduced VAT / GST rate

10

Standard VAT / GST rate

22 ^[1]

High VAT / GST rate

Not applicable

_______________ 

[1] With effect from May 1, 2020, an additional reduction of 2 VAT points is applicable for payments which are made by electronic means (such as bank cards) for purchases made by individuals not exceeding USD 640. All export of goods and services, determined by the Executive Power will be subject to a 0% VAT rate. Taxpayers will benefit from the refund of VAT on purchases associated with such operations. Decree 220/98 laid out a list of hypo considers export of goods or services. Also there is a zero-rated basic goods and services list (not VAT refund in purchases associated with this operations). The VAT rate is fully and partially reduced (9 VAT points of reduction from standard rate) for certain tourism related services, provided that purchasers are non-resident and uruguayan individuals and payments are made via foreign or local-issued debit/credit cards or electronic fund transfers,  with the involvement of a national acquirer or payment entity. This reduction applies exclusively to transactions until April 30, 2026. For purchases made at certain establishments listed under Article 66 (E) of Title 4 of the 2023 Uruguayan Tax Code (small size business), a discount of 7,38 % will apply to the total transaction amount.