Uruguayan Ministry of Economy and Finance issues temporary VAT relief measures for supporting tourism

Published on : Thursday, November 26, 2020

The Uruguayan Ministry of Economy and Finance issued Decree No. 304, by introducing temporary VAT relief measures for supporting the tourism sector in light of the corona virus outbreak. The decree includes these measures: 1) Providing a 9 percent decrease in the VAT rate from Nov. 16, 2020, until April 4, 2021, for vehicle rentals without a driver, real estate leases for tourism, and gastronomic services furnished by the hotel and restaurant sectors; and 2) Providing a VAT concession of 7.38 percent on total transaction amounts for taxpayers under the small business regime.


(No Like Yet)

Related Posts

Tags:

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 03 ITB Asia 2021
  • 08 iitm 2021
  • 13 aaaexpos 21
  • 14 KITF 2021
  • 15 MENA 2021
  • 16 ITB asia 2020
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. INTERNATIONAL HOSPITALITY INVESTMENT FORUM (IHIF)

      March 8 - March 10
    2. ITB Berlin

      March 10 - March 14
    3. SALON DESTINATIONS NATURE 2020

      March 18 - March 21
    4. Arabian Travel Market

      May 16 - May 19
    5. IMEX FRANKFURT

      May 25 - May 27
Get our toolbar!
Review www.travelandtourworld.com on alexa.com