Uruguay: Extended deadline for real estate tax incentives

Applications for projects may be submitted by January 1, 2026

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June 25, 2025

The Ministry of Economy and Finance Uruguay in March 2025 issued Decree No. 85/025, extending the deadline for large economic projects in real estate development to qualify for tax incentives.

The decree modifies Decree 138/020, allowing projects to be submitted to the Application Council by January 1, 2026, instead of the previous deadline of December 31, 2024. Additionally, investments must be executed by September 30, 2028, extended from September 30, 2027.
 

For more information, contact a KPMG tax professional in Uruguay:

Luis Aisenberg | luisaisenberg@kpmg.com

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