The corporate income tax, personal income tax and nonresident income tax exemptions for income derived from leasing social interest housing will apply from 21 April 2020. Uruguay’s Executive Branch has established (Decree 283/021) the corporate income tax (CIT), personal income tax (PIT) and nonresident income tax (NRIT) exemptions for income derived from leasing social interest housing (i.e., low-income housing) retroactively apply from 21 April 2020.BackgroundThe Law for the Promotion of Social Interest Housing (Decree 355/011) established tax incentives for the construction of social interest housing. Decree 129/020 modified Decree 355/011 to add CIT, PIT and NRIT exemptions for lease income...