Uruguay: Changes to valuation of rural properties for purposes of wealth tax

Change to index that must be used as basis for valuations

Share
October 24, 2025

Decree No. 193/025 (dated September 19, 2025, and published in the Official Gazette on September 25, 2025) introduced changes to the valuation of rural properties for purposes of the wealth tax (IP).

In particular, the decree generally provides that such valuations must be based on the Index of Prices of Agricultural, Forestry, and Fishing Production instead of the Index of Prices of Agriculture, Livestock, Hunting, and Forestry.

Read a September 2025 report (Spanish) prepared by the KPMG member firm in Uruguay

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.
All fields with an asterisk (*) are required.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline