Bolivia’s tax authority (Servicio de Impuestos Nacionales) published three lists of taxpayers whose VAT invoices are deemed void for value added tax (VAT) credit or deductible for corporate tax purposes. The invalidity is based on the following offenses:
- Engaged in generating revenue through simulated operations, which is issuing and delivering invoices without actually completing the economic transaction or transfer of goods and/or services;
- Failure to report economic transactions to the tax authority;
- Tax domiciles that are not registered in the National Taxpayer Registry or failing to engage in any declared activities associated with these domiciles.
