The Uruguayan government recently issued a tax decree to unify and regulate the taxation rules for domestic gambling activities. The decree was issued by the Ministry of Economy and Finance (MEF) and was signed by Minister Gabriel Odón and President Armando Orsi, formally establishing the previously implemented "gambling tax" collection system as a legal text.
According to the new regulations, taxable activities include all forms of monetary betting, regardless of whether chips, cash, electronic currency, or other similar transaction tools are used.
All institutions providing such betting services must declare and pay the corresponding taxes to the Uruguayan Tax Administration (DGI), with the tax rate set at 0.75% of the total betting amount.
The Ministry of Economy and Finance specifies in the decree that the taxable amount is based on the risk amount initially undertaken by the bettor, and does not adjust with any profits that may arise during the betting process. The DGI is fully responsible for the management and collection of this tax, and will complete the tax settlement work according to the regulations.
