Uruguay Provides Advance Payment and Annual Return Deadline Extensions Due to COVID-19

Uruguay has published Resolution No. 624/021 of 16 April 2021, which provides an advance payment deadline extension for the month of March 2021 due to COVID-19. The Resolution provides that taxpayers with taxable gross income of up to 6 million indexed units (UI) in the previous year, excluding those managed by the Large Taxpayers Division, are allowed to pay their advance corporate income tax (IRAE), wealth tax (IP), and control tax on companies (ICOSA) for the month of March 2021 in May 20…