ANNOUNCEMENT 21 Sep 2011

In September 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. 331/011 (in Spanish),
http://www.adau.com.uy/innovaportal/file/8450/1/mef_1339.pdf


Inception date: 01 Sep 2011 | Removal date: 31 Aug 2012

Tax-based export incentive

On 21 September 2011, Uruguay's Ministry of Economy and Finance adopted Decree No. 331/011 temporarily introducing a 4 per cent tax refund on the export of wool tops corresponding to tariff line 5105.29 for the period of one year.
 
This measure entered into force retroactively on 1 September 2011 until 31 August 2012.

AFFECTED SECTORS

 
261

AFFECTED PRODUCTS

 
510529