On 10 September 2026, Uruguay’s Dirección General Impositiva (DGI) announced the annual update of valuation parameters for the agricultural sector’s Income Tax on Economic Activities (IRAE) through Resolution Nº 2097/2026. The updated values apply to the fiscal period running from 1 July 2025 to 30 June 2026 and have been integrated directly into the DGI’s Sigma electronic filing application. This annual recalibration reflects changes in agricultural commodity prices, input costs, and productivity benchmarks, ensuring that the presumptive income calculations for IRAE agropecuario remain aligned with current market conditions. Taxpayers engaged in farming, livestock, forestry, and related rural activities must use these revised parameters when determining their taxable base for the 2025-2026 exercise.
Key Takeaways
- Mandatory Application in Sigma: The updated values are automatically embedded in the Sigma platform, meaning taxpayers and their advisors must ensure their software is synchronized with the latest DGI release to avoid filing discrepancies.
- Coverage of Key Agricultural Inputs: The resolution revises standard yields, reference prices for major crops (soybeans, wheat, corn, barley, sorghum, sunflower), livestock categories, and allowable deduction coefficients for items such as seeds, fertilizers, agrochemicals, and machinery depreciation.
- Compliance Deadline Alignment: The update coincides with the upcoming annual IRAE declaration deadline for agricultural enterprises, typically due by 31 August 2026 for the July-June fiscal year. Early adoption of the new parameters is recommended to prevent amended returns.
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