• Service: Tax, Global Indirect Tax, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 2/19/2014

Uruguay - Relief from marketing, advertising expense reporting 

February 19:  An executive decree, issued in January 2014, provides relief for taxpayers with respect to certain claims for marketing and advertising expenses.

Taxpayers are no longer required to submit certain information to the tax administration (Dirección General de Impuestos—DGI) with respect to income tax deductions or value added tax (VAT) calculations related to expenses incurred for marketing and advertising services.

Under these new rules, payments for marketing and advertising service expenses must, among other requirements:

  • Be made to services providers that are subject to Uruguay’s income tax and VAT
  • Be for an amount that does not exceed a certain threshold amount

Read a January 2013 report (Spanish) [PDF 80 KB] prepared by the KPMG member firm in Uruguay: Gastos de publicidad, propaganda y organización de eventos promocionales contratados por contribuyentes del IRAE.

VAT deductions

Other guidance limits the deductions that taxpayers may claim for certain portions of tax credits related to the standard VAT rate of 22% and sales tax imposed at the minimum rate of 10%.

Read a January 2013 report (Spanish) [PDF 268 KB] prepared by the KPMG member firm in Uruguay: Diferencia de tasas en el IVA: regal de tope

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