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24 May 2021 Uruguay extends reduced 13% value-added tax rate to operations in the tourism sector The new decree extends the value-added tax (VAT) reduction currently applicable to some operations to the tourism sector. The VAT reduction applies until 30 June 2021. On 12 May 2021, Uruguay published, in the Official Gazette, Decree No. 128/021, which was issued by the Executive Power on 4 May 2021 and extends the reduced 13% VAT rate (normally, 22%) to the following operations in the tourism sector: Food and beverage services, when provided by restaurants, bars, canteens, cafes, tea rooms, hotels, motels, etc., as long as these services are not related to lodging The VAT reduction applies until 30 June 2021. To benefit from the rate reduction, consumer payments must be done using credit cards, debit cards and electronic money instruments (among other payments). Martha Roca | martha.roca@uy.ey.com María Inés Eibe | ines.eibe@uy.ey.com Nadine Bruck | nadine.bruck@uy.ey.com
Document ID: 2021-5590 |