Uruguay Considers Taxing Electric Vehicles, Sparking Industry Concern

The Uruguayan Ministry of Economy and Finance is contemplating a significant shift in its tax policy regarding electric vehicles (EVs), a move that has sparked debate within the country. As reported by El País, the ministry is evaluating the application of the Specific Internal Tax (Imesi) to certain EVs, a departure from the current tax exemptions that have helped boost EV adoption.

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nos aprobó la posibilidad de tasar o poner impuestos relativos al valor de los vehículos y lo estamos evaluando

Minister of Economy and Finance Gabriel Oddone stated that the goal is to adjust the tax burden, particularly for high-end EVs, arguing there's no reason to continue stimulating their purchase now that the market has established itself. This pragmatic approach, he explained, is similar to measures taken in countries like Costa Rica, where tax incentives are moderated once a product gains traction. Oddone also suggested that the Imesi might eventually be applied to other recreational EVs, while exempting utility vehicles, transport, and machinery.

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no hay ninguna razón para estimularlos

However, this potential policy change faces opposition. Ignacio Paz, manager of the Association of Automotive Commerce of Uruguay (ACAU), voiced concerns that imposing new taxes could send a negative signal to consumers, especially given existing costs like energy and licensing. He argued that such a move would contradict Uruguay's state policy and international commitments on energy and environmental matters. The debate highlights a tension between fiscal considerations and the nation's broader goals of promoting sustainable mobility, a topic of significant local interest in Uruguay as it seeks to balance economic development with environmental responsibility.

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Como ocurre en Costa Rica, que acaba de establecer un panorama de adecuación tributaria, uno tiene que moderarlo (al incentivo tributario) cuando el producto ya se instaló y la confianza ya se puso, no es necesario promoverlo con tanta intensidad