ANNOUNCEMENT 22 Mar 2012

In March 2012, the government of Uruguay announced a change in the tax legislation for exporters.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Decree No. 85/2012 (in Spanish),
http://www.adau.com.uy/innovaportal/file/9092/1/mef_762.pdf


Inception date: 01 Jan 2012 | Removal date: open ended
Still in force

Tax-based export incentive

On 22 March 2012, Uruguay's Ministry of Economy and Finance adopted Decree No. 85/012 introducing a 2 per cent tax refund on the export of meat, fish, crustaceans, mollusks, birds' eggs, vegetables, sugar, and milk products among others. This measure entered into force retroactively on 1 January 2012.