Uruguay Extends VAT Rate Reduction for Tourism Sector to April 2026
Uruguay published Decree No. 93/025 on 28 April 2025, which extends the temporary reduction in the VAT rate by 9 percentage points on certain activities/operations in the tourism sector (i.e., a reduced VAT rate of 13% considering the 22% standard rate). The reduction was originally provided from 16 November 2020 in response to COVID-19 and subsequently extended multiple times. Previously exte…
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