Tax Law (Derecho Tributario)
Uruguay Tax System
The Uruguayan tax system was fundamentally reformed in 2007. Uruguay applies the territorial principle: only income earned in Uruguay is taxed.
Main Taxes:
IRPF (Income Tax) | IRAE (Corporate Tax) | IVA (VAT 22%) | Property Tax | Wealth Tax
IRPF (Income Tax) | IRAE (Corporate Tax) | IVA (VAT 22%) | Property Tax | Wealth Tax
The DGI (Dirección General Impositiva) is the central tax authority. Uruguay has double taxation agreements with various countries, including Germany.