On 15 February 2019, Bolivia’s National Tax Service issued Resolution No. 101900000002 to update the list of jurisdictions considered to have low or no taxation, which also contains jurisdictions recognized as non-cooperative, applies from the date it was published. Curaçao added to the updated list of tax havens. Tax-related impacts of the list include:
- the treatment of transactions with residents of listed jurisdictions as controlled for transfer pricing purposes, whether related or not; and
- a two-year addition of the statute of limitations for taxpayers that carry out operations with listed jurisdictions.
Furthermore, the prior list applies for taxpayers with tax years closing on 31 March 2019 or 30 June 2019.
