Uruguay has published Decree No. 4/022 in the Official Gazette, which sets the benefits and contributions base (Base de Prestaciones y Contribuciones - BPC) at UYU 5,164 from 1 January 2022. Considering the BPC value for 2022, the individual income tax brackets and rates for 2022 are as follows:

• up to UYU 433,776 (84 BPC) - 0%
• over UYU 433,776 up to 619,680 (120 BPC) - 10%
• over UYU 619,680 up…