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12 February 2026

Uruguayan Tax Authority suspends withholdings and advance payments on foreign-source income accrued in January 2026

  • On 4 February 2026, the Uruguayan Tax Authority (DGI) issued a resolution suspending withholdings and advance payments on foreign-source investment income and capital gains accrued in January 2026 under the Personal Income Tax (PIT) regime.
  • This suspension follows amendments in Budget Law No. 20.446 that expanded PIT taxation to include capital gains from nonresident entities, effective from 1 January 2026; no regulations have yet been issued on the new law.
  • The absence of regulatory clarity prompted the DGI to pause compliance obligations for January 2026.
  • Taxpayers should stay informed about upcoming regulations and prepare for potential changes in their tax obligations regarding foreign-source income as the DGI clarifies the application of the new law.
 

On 4 February 2026, the Uruguayan Tax Authority (DGI) issued Resolution No. 543/026, suspending withholdings and advance payments on foreign-source investment income and capital gains accrued in January 2026 under the Personal Income Tax (PIT) regime.

The suspension follows the amendments introduced in Budget Law No. 20.446, which expanded PIT taxation to capital gains obtained through nonresident entities effective 1 January 2026. (For prior coverage, see EY Global Tax Alert, Uruguayan Parliament approves the National Budget for 2025–2029, dated 10 December 2025.)

However, as the law has not yet been regulated, its practical application is not clear; therefore, for administration purposes, DGI has resolved to suspend the compliance obligations for the month of January.

The Resolution was published in the Official Gazette on 5 February 2026; see the document here (in Spanish only).

Further guidance is expected once the regulatory framework is issued.

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Contact Information

For additional information concerning this Alert, please contact:

EY Uruguay, Montevideo

Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor

Document ID: 2026-0415

 

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