ANNOUNCEMENT 23 Feb 2011

In February 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. 85/011 (in Spanish),
http://www.adau.com.uy/innovaportal/file/2123/1/mef_1009.pdf


Inception date: 04 Mar 2011 | Removal date: open ended
Still in force

Tax-based export incentive

On 23 February 2011, Uruguay's Ministry of Economy and Finance adopted Decree No. 85/011 introducing a 2 per cent tax refund on the export of medicaments containing hormones corresponding to tariff line 3004.39.29.00.
 
This measure entered into force on 4 March 2011.

AFFECTED SECTORS

 

AFFECTED PRODUCTS