🇺🇾 Uruguay

36%

Uruguay taxes dividend income as part of normal income. For resident individuals, dividends are generally included in the personal income tax (IRPF) base, with rates ranging from 10% to 36% depending on the taxpayer’s overall income. For non-residents, dividends paid by Uruguayan companies are subject to a 7% withholding tax, except when they derive from foreign-source or non-taxable income, in which case withholding may not apply.

12%

Capital gains obtained by individuals, whether resident or non-resident, from the disposal of shares, quotas, or other Uruguayan-source capital investments are generally taxed at a flat rate of 12% under the individual income tax regime.

12%

Income derived from leasing or renting property in Uruguay is subject to a flat 12% tax on gross rental income for both resident and non-resident individuals, with limited deductions allowed.

Yes

Uruguayan property owners are subject to an annual municipal tax on real estate, calculated on the cadastral value of the property. The rates range from 0.3% for lower-value properties up to 1.5% for high-value properties, with potential exemptions or reductions depending on property type or use.

No

Uruguay does not levy inheritance or estate taxes on individuals. Transfers of assets upon death are generally exempt from taxation, although certain administrative fees may apply for property registration or legal formalities.

Yes

Uruguay imposes a net wealth tax (NWT) on individuals, both residents and non-residents with assets located in the country. Resident individuals are generally subject to a 0.1% rate, while non-residents face rates ranging from 0.7% to 1.5%, with a local net wealth threshold of approximately USD 143,000 exempt from taxation (doubled if paid as a family unit).