On 15 September 2026, the Uruguayan Dirección General Impositiva (DGI) published the official calculation spreadsheet for mandatory minimum monthly advance payments of the Corporate Income Tax (IRAE) for fiscal year 2026. The tool is established under Article 116 of Title 4 of the 2023 Consolidated Text (T.O. 2023) and uses the Indexed Unit (UI) value as the reference parameter for computation. This annual publication is critical for corporate taxpayers and tax advisors to determine the correct monthly installment amounts due throughout the fiscal year, ensuring compliance with advance payment obligations and avoiding interest charges for underpayment.
Key Takeaways
- Mandatory Advance Payment Calculation: The spreadsheet provides the authoritative mechanism for calculating monthly IRAE advances based on the UI value, replacing manual computations and reducing errors in tax liability estimation for companies subject to corporate income tax.
- Legal Basis and Compliance: Grounded in Article 116 of Title 4 T.O. 2023, the tool reflects the current regulatory framework for IRAE advance payments, making it essential for tax departments to integrate this into their monthly closing processes for the 2026 fiscal period.
- Digital Accessibility and Format: Provided as an Excel file (66.84 KB), the calculator allows direct input of taxpayer-specific data to generate precise payment schedules, supporting both large corporations and SMEs in meeting their monthly tax obligations efficiently.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement