Taxes · URY
Taxes in Uruguay
Uruguay is considered a relatively crypto-friendly jurisdiction. Individual holders generally do not pay capital gains tax or IRPF on crypto disposals, as passive investment gains are not clearly taxed under current rules. Business activities involving crypto, including mining, may trigger IRAE at 25%, and taxpayers should seek local advice as formal DGI guidance on crypto remains limited.
Income tax
Mining and staking rewards received by individuals operating as businesses may be subject to IRAE (corporate income tax) at 25%. Casual individual recipients may not owe IRPF, but classification depends on activity regularity. Not clearly established for all scenarios.
VAT / GST
Exempt. Cryptocurrency transactions are generally not subject to IVA (VAT) for individual holders in Uruguay. The DGI has not imposed VAT on crypto buying or selling by individuals.
Capital gains
Uruguay does not impose a specific capital gains tax on crypto disposals for individual holders under IRPF. Gains from crypto sales by individuals are generally not taxed unless deemed business income. Rate: 0% for passive individual holders.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap