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Uruguay Provides Temporary VAT Rate Reduction for Certain Activities

|Approved Changes|Uruguay
Uruguay

The Uruguay government has issued a decree providing for a temporary 9% reduction in the VAT rate on certain activities/operations. The reduction applies from 16 November 2020 to 4 April 2021 for gastronomic services when provided by restaurants, bars, cafes, and the like, or by hotels, inns, hostels, etc., provided that the services do not include lodging. The 9% reduction also applies for vehicle rentals (without driver) and mediation services for the leasing of real estate for tourist pur…

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