Uruguay has issued Decree No. 226/013 which introduces a new ceiling on the tax credit for donations to art and cultural projects. The new ceiling applies from 14 August 2013. Under the new provisions, the maximum amount of tax credit on donations to art and cultural projects that can be offset against corporate income tax (IRAE) and tax on capital is UYU 13,850,000.
Venezuela: New income tax relief
Ukraine: New transfer pricing rules
Related Posts
Uruguay issues detailed rules on taxation of foreign income earned by individuals
Uruguay's General Tax Directorate (DGI) has issued Resolution No. 1.517/2026, establishing detailed rules for the
Read MoreUruguay issues reporting requirements for digital platform operators
Uruguay published Resolution No. 1.518/2026 on 30 June 2026 in the Diario Oficial on 1 July 2026, establishing
Read MoreUruguay: Senate approves income tax treaty with Qatar
The Uruguayan Senate approved the income tax treaty with Qatar on 7 July 2026. The treaty applies to Qatari income
Read MoreCanada, Uruguay sign customs mutual assistance agreement
The Canada Border Services Agency announced the signing of a customs mutual assistance agreement with Uruguay on 25
Read MoreUruguay expands dividend withholding tax, indirect transfer rules
Uruguay has enacted new measures on dividend withholding tax and the taxation of indirect transfers of Uruguayan assets
Read MoreUruguay issues decree clarifying IRPF taxation of foreign-source income, assets, and withholding rules
Uruguay’s Ministry of Economy and Finance, through a Decree issued on 6 May 2026, has introduced detailed rules
Read More