Easing the tax burden on international financing activities, the bill aims to facilitate more efficient public debt management and strengthen Bolivia’s access to global capital markets.
Bolivia’s Executive Branch has submitted the 2026 General Budget Bill to the Chamber of Deputies on 31 October 2025, outlining a series of targeted tax incentives to reduce the cost of public debt operations conducted in foreign capital markets.
Under the proposal, the government seeks to exempt nonresident beneficiaries from corporate income withholding tax on several categories of payments connected to Bolivia’s external debt management.
These include interest paid on securities issued abroad, capital gains generated through specific public debt management transactions, and fees for legal, financial, and other specialised advisory services supporting these operations.
By easing the tax burden on international financing activities, the bill aims to facilitate more efficient public debt management and strengthen Bolivia’s access to global capital markets.
The bill must next go through required deliberations in the lower house of parliament and the Senate before it can be signed into law by the President.
