Example: if you spend 10,000 Uruguayan pesos (US$256) in a supermarket, you will be paying 2,200 Uruguayan pesos (US$56) in VAT.
Real estate transfer tax (ITP): This is applicable to the purchase and sale of properties. This tax is equivalent to 2% of the cadastral value of the property and must be paid by both the israel phone number library buyer and the seller. It is important to verify the cadastral value with the authorities to avoid surprises.
Example: if you buy a house with a cadastral value of 4,000,000 Uruguayan pesos (102,564 dollars), you will have to pay 80,000 Uruguayan pesos (2,051 dollars) of ITP.
Property tax: This is an annual tax levied on real estate properties in Uruguay. Its amount depends on the cadastral value of the property and rates range from 0.25% to 0.35% , depending on the location and departmental government policies.
Example: for a property in Montevideo with a cadastral value of 7,000,000 Uruguayan pesos (US$179,487), you could pay between 17,500 and 24,500 Uruguayan pesos (US$449 to US$628) per year.
Specific internal tax (IMESI): vehicles, tobacco and alcoholic beverages. Rates vary widely depending on the product. It is directly reflected in the sales price and can influence your purchasing decisions.
Example: if you buy a vehicle, the IMESI can represent up to 100% of the sales price , depending on the characteristics of the car.
Departmental fees: These are local taxes or fees that each department levies for specific services such as garbage collection, street maintenance, and driver's licenses. The amounts and conditions vary depending on the region in which you live .
This applies to goods such as fuel
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