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April 13, 2022
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Government will exempt companies linked to tourism from employer contributions

Government will exempt companies linked to tourism from employer contributions

The measure, announced by the Ministers of Labor and Social Security, Pablo Mieres, and Tourism, Tabaré Viera, will be applied during 2022 and will reach some 400 companies.

In this regard, Viera said that it was agreed to exempt the advances from the tax on income from economic activities (IRAE) and on equity, so that they are taxed once the 2022 financial year is closed.

After the ministerial agreement with the President of the Republic, Luis Lacalle Pou, Mieres reported that yesterday it was resolved that travel agencies and tourist transport companies be exempt from employer contributions during 2022. On this subject, he assured that shortly The corresponding bill will be drafted. The measure will cover approximately 400 companies and will represent a waiver of collection from the Social Security Bank.

For his part, the Minister of Tourism, Tabaré Viera, stated that it was agreed to exempt the advances of taxes from the tax on income from economic activities (IRAE) and on heritage; to be carried out once the 2022 financial year is closed.

According to Viera, this measure was proposed by the chambers linked to the tourism sector, and will generate a good impact for companies, in the understanding that it is a substantive contribution to their activity, which has faced serious difficulties.

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