Tag: VAT

• Saturday, March 19th 2022 - 10:07 UTC

  Uruguay seeks to exonerate VAT on popular meat cut, announced Lacalle Pou

  

  Uruguayan President Luis Lacalle Pou said on Friday that the Executive Branch will send to the Legislative a bill to exonerate VAT on asado de tira, a popular meat cut, as the Ukraine war takes its toll on the cost of food worldwide.

• Wednesday, February 23rd 2022 - 09:24 UTC

  No more VAT for Uruguayan hotels to boost domestic travel

  

  The Government of Uruguay has decided to scrap the Value Added Tax (VAT) from hotel bills paid by local nationals between March 1 and April 17 in a move to boost domestic tourism. The measure, which was already in force for foreign travelers, seeks to help the leisure industry, heavily affected by the COVID-19 pandemic.

• Wednesday, March 16th 2016 - 07:24 UTC

  Latin American fiscal weakness and lack of 'tax culture' addressed in ECLAC forum

  

  Evasion is one of the main weaknesses of the tax systems in the Latin America and the Caribbean economies, accounting for 320 billion dollars in 2014 - according to the Fiscal Panorama of Latin America and the Caribbean 2016, launched by the UN regional office, ECLAC, in Santiago de Chile.

• Monday, May 6th 2013 - 00:34 UTC

  Uruguayans on average have to work 128 days a year to pay their taxes

  

  Uruguayans on average work 128 days, over a third of the year to pay taxes, according to a report from a local lobby group based on the “Tax-free day” which supposedly marks the end of the time dedicated to contribute to the treasury.

• Wednesday, October 19th 2011 - 16:37 UTC

  UK Consumer inflation in September was 5.2%, the highest since 2008

  

  The rate of Consumer Prices Index (CPI) inflation in the UK matched its record high in September, rising to 5.2% from 4.5% the month before. An increase in energy costs was behind a large proportion of the rise.

• Saturday, May 28th 2011 - 07:48 UTC

  Weak sterling more significant than VAT for UK inbound tourists, says WTM Vision

  

  Overseas visitors to the UK will not be deterred by high VAT, providing sterling remains weak against key inbound currencies, reveals a report released this week at the World Travel Market (WTM) Vision Conference-London.

• Thursday, April 7th 2011 - 10:11 UTC

  Uruguay’s public debt to abandon foreign currencies for local Pesos

  

  Uruguay this year plans to swap part of its foreign-currency bonds for debt denominated in Pesos, said Economy Minister Fernando Lorenzo. Uruguay will also sell Peso securities and use the proceeds to pay off bonds denominated in other currencies, Lorenzo said without providing further details.

• Saturday, April 2nd 2011 - 08:21 UTC

  Moyano hails as personal victory the increase by 20% of minimum income tax floor

  

  Argentina’s powerful organized Labour Confederation leader Hugo Moyano celebrated Friday as a victory for the “workers movement” that the government of Cristina Fernandez de Kirchner decided to raise by 20% the minimum income tax floor.