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Uruguay Reintroduces Temporary VAT Reduction for Tourist Services and Tax Credit for Rentals

|Approved Changes|Uruguay
Uruguay

Uruguay has published Decree No. 262/022, which provides for the reintroduction of a temporary VAT reduction for certain services in relation to tourism. This includes a reduction of the VAT rate in its entirety from 1 September 2022 to 30 April 2023 for gastronomic services when provided by restaurants, bars, cafes, and the like, or by hotels, inns, hostels, etc., provided that the services d…