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Which goods are taxable in Uruguay?

Uruguay applies preferential tariffs on certain imports, such as equipment for agriculture and hotels, capital goods, and goods for projects declared of national interest. These goods are also eligible for tax exemptions. For tariff rates of goods, use the Customs Info Database Tariff Lookup Tool.

How much tax does a company pay in Uruguay?

All enterprises are required to pay a wealth tax of 1.5% (which applies only to property and securities domiciled in Uruguay). At the moment of incorporation, companies are required to pay a flat tax at a rate of 1.5% on the basis of a notional amount updated every year (ICOSA tax - UYU 44,777 in 2022).

How much tax is imposed on non-residents in Uruguay?

A 12% withholding tax is imposed on Uruguayan-sourced income obtained by non-residents, except in cases where the income is obtained through the operations of a permanent establishment in the country. Capital gains are taxed as ordinary income at the corporate tax rate of 25%.

What is the tariff structure in Uruguay?

Uruguay's tariff structure includes preferential tariffs on some imports, such as equipment for agriculture and hotels, capital goods, and goods for projects that have been declared of national interest. These goods are also eligible for tax exemptions. The detailed tariff information can be found at Uruguay's Ministry of Economy webpage.

How much electricity did Uruguay export in 2022?

In 2022, exports of electricity represented $222 million which was less than 50 percent of the total amount of electricity exported in 2021. This decrease was primarily due to a severe drought which adversely affected the generation in Uruguay.

How is commercialisation tax calculated in Uruguay?

Uruguay implements a commercialisation tax: IMESI (in Spanish) (Impuesto Especifico Interno, Specific Internal Tax), applied only to the first sale. Depending on the type of good, it is calculated based on the real sale price or on the official price set by the state.

Uruguay

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Uruguay

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Uruguay

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Requirements for import and export in Uruguay. In order to trade in or from Uruguay, any import or export business must have a company registered with the General Tax …

Examples of Legal Texts and Regulations to Lift Import Duties for …

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View details of Solar-cell import data to Uruguay with price, product description, HS Codes, quantity, country, buyer''s name, major ports and more. Search and download Uruguay imports …

Tax rates in Uruguay

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Doing Business with Uruguay

Determine Duties, Taxes, and Tariffs. Uruguay''s customs authorities will assess import duties, taxes, and tariffs based on the product''s HS Code and Customs Value (the goods'' declared …