On 20 March 2020, the tax authority of Uruguay issued Resolution No. 550 in response to mitigate the economic impact of COVID-19. The Resolution declares extension of due date for tax obligations, as follows:
- the deadline for the payment of tax extended to 27 March 2020, generally due between 23 and 26 March 2020, the deadline extension doesn’t apply to public companies;
- the tax authority has deferred the payment of minimum VAT (annual income less than USD 30,800) for the months of February and March 2020, taxpayers may pay it in 6 equal and consecutive installments without interest from May 2020.
