ANNOUNCEMENT 23 Nov 2011

In November 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. 403/011 (in Spanish),
http://www.adau.com.uy/innovaportal/file/8649/1/mef_1428.pdf


Inception date: 25 May 2010 | Removal date: open ended
Still in force

Tax-based export incentive

On 23 November 2011, Uruguay's Ministry of Economy and Finance adopted Decree No. 403/011 introducing a 2 per cent tax refund on the export of glass fibers corresponding to tariff line 7019.90.90.00.
 
This measure entered into force retroactively on 25 May 2010.

AFFECTED SECTORS

 

AFFECTED PRODUCTS