Bolivia has abolished its financial transactions tax (ITF) under Law No. 1717, effective from 11 April 2026, in a move aimed at boosting liquidity, easing banking transactions and strengthening the use of the national currency.
Bolivian President Rodrigo Paz Pereira has signed Law No. 1717, dated 10 April 2026, formally abolishing the financial transactions tax (ITF), which was published in the Official Gazette on 11 April 2026.
Under Law No. 1717, Bolivia has formally repealed the Financial Transactions Tax (ITF), which had been in place since 2006. The law is concise, containing a single article that revokes Law No. 3446 of 21 July 2026, the legislation that originally introduced the tax. The repeal takes effect immediately from its publication date, with no transitional provisions included.
Officials described the removal of the ITF as a step to improve financial liquidity, encourage the use of the national currency, and remove what the administration considers an unnecessary burden on banking transactions and capital flows.
