Uruguay has published Decree No. 434/021, which establishes the minimum monthly advance corporate income tax (IRAE) payment amounts for 2022. The minimum amounts are provided in the following scale based on gross revenue in the prior year, considering a reference amount (305,000 indexed units)
The decree also establishes the monthly advance tax amount for taxpayers under the small business tax regime for 2022, which is set at UYU 4,720.
Note - The indexed unit (Unidad Indexada - UI) value as on 31 December 2021 was UYU 5.1608.