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Uruguay Provides Advance Payment Deadline Extensions Due to COVID-19

03 June 2020

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Approved Changes

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Uruguay

Uruguay's Directorate General of Taxation (DGI) has published Resolution 898/2020 of 20 May 2020, which provides certain advance payment deadline extensions due to COVID-19. This includes that taxpayers, except 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 months of April and May 2020 based on the following schedule according to their gross income in indexed units (UI) in the previous year: up to UI 2 million - in two equal installments beginning in June 2020 UI 2 million up to 6 million...