Lifecycle
- Effective
- Last change
Country / jurisdiction: Uruguay · Year: 2022 · Status: In force · Level: National · Type: Voluntary
Law 16906 introduced some incentives for industrial assets and Decree 268/020 extended those to renewable hydrogen. Incentives Increased minimum tax exemption from 20% to 30% of eligible investments; Extended minimum exemption period from 3 to 4 fiscal years; Reduced weekly hours requirement for considering employment from 40 to 30 hours; Increased weighting for Employment Generation and Export Increase indicators; Potential IRAE (corporate income tax) exemption of up to 90% of payable tax; (6) Additional 10% IRAE benefit for small companies
Official source: https://www.impo.com.uy/bases/decretos/268-2020
Source
https://www.iea.org/policies/5278Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.