ANNOUNCEMENT 19 Dec 2011

In December 2011, 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. 447/011 (in Spanish),
http://www.adau.com.uy/innovaportal/file/8740/1/mef_1459.pdf


Inception date: 03 Jan 2012 | Removal date: open ended

Tax-based export incentive

On 19 December 2011, Uruguay's Ministry of Economy and Finance adopted Decree No. 447/011 introducing a 2 per cent tax refund on the export value of nitrogen hetero atoms containing pyrimidine or piperazine corresponding to tariff line 2933.59.45.00. This measure entered into force on 3 January 2012.
 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A