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North Macedonia vs Uruguay: tax rates compared

Uruguay's income tax rate is 26pp higher than North Macedonia's (36% vs 10%). The 200-country average is 28%: North Macedonia sits below it, Uruguay sits above it. North Macedonia's figure is dated 2023-01-01 and Uruguay's 2025-12-31, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%36%Corporate10%25%VAT18%22%Capital Gains10%12%Wealth Tax0%0.1%
five shared taxes, side by side
Tax MK UYDifference
Income Tax10%36%UY +26 pplargest gap
Corporate Tax10%25%UY +15 pp
VAT18%22%UY +4 pp
Capital Gains Tax10%12%UY +2 pp
Wealth Tax0%0.1%UY +0.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
Difference−26 ppUruguay higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppUruguay higher

Uruguay's corporate tax rate is 15pp higher than North Macedonia's (25% vs 10%). The 201-country average is 22.6%: North Macedonia sits below it, Uruguay sits above it.

VAT

VAT, side by side
CountryRateSource
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Uruguay22%Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18
Difference−4 ppUruguay higher

Uruguay's VAT rate is 4pp higher than North Macedonia's (22% vs 18%). The 181-country average is 15%: both sit above it. North Macedonia's figure is dated 2026-07-23 and Uruguay's 2024-06-18, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Uruguay12%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09
Difference−2 ppUruguay higher

Uruguay's capital gains tax rate is 2pp higher than North Macedonia's (12% vs 10%). The 175-country average is 10.3%: North Macedonia sits below it, Uruguay sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higher

Uruguay's wealth tax rate is 0.1pp higher than North Macedonia's (0.1% vs 0%). The 193-country average is 0.1%: North Macedonia sits below it, Uruguay matches the world average. North Macedonia's figure is dated 2026-07-18 and Uruguay's 2025-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.