- Uruguay plans to implement live VAT rate adjustments based on wealth and household expenditure
- The goal is to address criticism that VAT is a regressive tax
- VAT currently charges the same amount of tax on all individuals regardless of income
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
