June 26, 2023
Uruguay temporarily reduces VAT and IMESI rate for mineral and sparkling waters
Due to the water emergency declared by the Uruguayan Government on 19 June 2023, the following tax measures have been implemented until the water emergency ends:
Law No. 20,159 was enacted on 22 June 2023 and will be effective for taxable events occurring since 23 June 2023. It can be accessed here (only in Spanish).
Decree No. 178/023 was published in the Official Gazette on 21 June 2023 and will be effective for taxable events occurring since 26 June 2023. It can be accessed here (only in Spanish).
For additional information with respect to this Alert, please contact the following:
EY Uruguay, Montevideo
Ernst & Young LLP (United States), Latin American Business Center, New York
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific
Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor
1 IMESI is the Spanish acronym for an excise tax that applies to a manufacturer's or importer's initial transaction for certain goods in Uruguay.