The Decree of 19 December 2016 adopted by the Ministry of Economic Affairs and Finance extended the benefits provided for by Regulation No 324/011 concerning the development and implementation of the system of electronic tax documents until 31 December 2017.
Currently the benefits are provided for investments related to equipment for electronic data processing and software which include fixed or intangible assets that are used completely for the development and implementation of the electronic invoicing system. The benefits include exemption from the corporate income tax for up to 50% of the invested amount for the first five fiscal years and exemption from net wealth tax on the promoted goods for all their useful life.
«
Spain: Government approves CbC reporting form
Azerbaijan-Budget Bill for 2017 adopted
»
Related Posts
Uruguay amends corporate income tax for small companies
On 5 February 2024, the Uruguayan government published Decree No. 25/024 in the Official Gazette, introducing a new amendment to the Corporate Income Tax regulations. Under this new regulatory provision, corporate income taxpayers who have never
Read MoreUruguay enacts accountability bill 2022
On 8 November 2023, the Parliament in Uruguay passed Accountability Bill Law 20,212, which includes amendments to the tax regulations. On June 30, 2023, the Executive Power presented the accountability bill to the Parliament for deliberation. The
Read MoreUruguay declares minimum monthly advance tax for FY 2023
On 16 January 2023, the government of Uruguay has released Decree No. 419/022, which outlines the minimum amounts of monthly advance payment for corporate income tax (IRAE) for the financial year (FY) 2023. The minimum payments are determined in the
Read MoreUruguay revises list of low tax countries
On 28 December 2022, the Uruguayan Tax Administration released Resolution No. 2470/022, which updated the list of low or no taxation countries or jurisdictions. On 29 December 2022, the Resolution was published in the Official Gazette and entered
Read MoreUruguay extends incentives for building construction projects
On 17 May 2022, the Ministry of Economy and Finance of Uruguay issued Decree No. 155/022, which extends the deadline to submit an application from 31 December 2022 to 31 December 2023 for submitting construction and large-economic projects to the
Read MoreUruguay revises list of low or no tax jurisdictions
On 21 February 2022, Uruguay has published DGI Resolution No. 223/022, which updates the list of low or no tax jurisdictions and regimes, with effect from same date. According to the Resolution No. 223/022 the updated list includes 36
Read More