Uruguay vs Belgium
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐บ๐พ Uruguay โ Departmental & Municipal Taxes
Uruguay's 19 departments (like Montevideo, Maldonado) each have their own departmental government (Intendencia) that levies property taxes (Contribuciรณn Inmobiliaria) at rates set per department, vehicle patents (Patente de Rodados), and commercial licence fees. Montevideo has higher rates than interior departments. National income tax (IRPF) and corporate tax are nationally administered by the DGI (Direcciรณn General Impositiva). Uruguay's territorial income tax system (prior to 2007 reform) was replaced with a worldwide system.
๐ง๐ช Belgium โ Regional & Municipal Income Taxes
Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (prรฉcompte immobilier) rates and housing policy incentives. The withholding tax on investment income (prรฉcompte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level โ it's regional.
Uruguay vs Belgium: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ช Belgium has a higher top income tax rate (0โ36% vs 25โ45%). ๐บ๐พ Uruguay is more favourable for high earners.
๐ VAT/Sales Tax: Uruguay has a higher consumption tax (10โ22% vs 6โ21%).
๐ข Corporate Tax: Corporate rates are similar in both countries (25% vs 25%).
๐ Capital Gains: ๐บ๐พ Uruguay taxes investment gains at a lower rate (12% vs 33%), benefiting investors.