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Uruguay Provides Additional Advance Payment Deadline Extension Due to COVID-19

22 September 2020

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Approved Changes

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Uruguay

Uruguay's Directorate General of Taxation (DGI) has announced Resolution No. 1626/2020 of 9 September 2020, which provides an additional advance payment deadline extension due to COVID-19. The Resolution provides that taxpayers with taxable gross income of up to 6 million indexed units (UI) in the previous year, excluding those managed by the Large Taxpayers Division, are allowed to pay their advance corporate income tax (IRAE), wealth tax (IP), and capital duty (ICOSA) for the month of August 2020 in November 2020. Normally, payments for August would be due in September. For the purpose of this extension, the UI value is...