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)

• up to 3 times the reference amount - UYU 6,180
• over 3 times the reference amount up to 6 times - UYU 6,760
• over 6 times the reference amount up to 12 times - UYU 9,080
• over 12 times the reference amount up to 24 times - UYU 12,300
• over 24 times the reference amount - UYU 15,380

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.