Cómo declarar criptomonedas en Uruguay
Uruguay applies the principle of territoriality: cryptocurrency gains are taxed at 12% under IRPF when considered Uruguayan-source. Law 20.345 (2024) incorporated crypto assets into the financial system under the Central Bank's supervision.
Quick Tax Summary
- Tax type
- Wealth increase in IRPF (capital income)
- Tipo aplicable
- 12% on Uruguayan-source gains
- Tax-exempt minimum
- No specific tax-free minimum for cryptocurrencies
- Crypto-to-crypto
- May be considered a disposal; no specific criteria published
- Staking y recompensas
- May be taxed as capital income (12%)
- Losses
- Limited offset within capital income
- Filing deadline
- Between June and August of the following year, according to DGI calendar
- Formularios
- Form 1102 (IRPF capital income)
- Sanciones
- Fines, surcharges, and late payment interest
- Autoridad fiscal
- General Tax Directorate (DGI)
Uruguayan source and foreign source
Foreign-source capital income is only taxed in certain cases for tax residents. If you operate with a foreign exchange, consult the DGI on how your gain is classified, as there is still no specific tax rule for crypto assets.
Regional context
Many Latin American countries still do not have specific tax laws for cryptocurrencies and apply general income tax rules. Several also apply the principle of territoriality: they only tax local-source income. Always keep a history of purchases and sales in local currency.
Before filing: have your history in order
The first step to a proper tax declaration is to download the complete transaction history from each platform you use. MiCA-licensed exchanges often provide ready-to-use annual reports, which significantly simplifies the filing process.
See exchanges with MiCA licenseFrequently Asked Questions
Other countries in the same region · Latin America
This guide provides general information and does not constitute tax advice. Rules change frequently: always confirm details with your country's tax authority or a tax advisor.