On 24 August 2022, the Legislative Assembly of El Salvador approved tax amnesty program that allows taxpayers voluntarily come forward, accurately declare their income and pay any undeclared or underreported taxes. The El Salvador tax authorities waive all penalties, fees and interest in return for doing so. The taxpayers will have until November 1, 2022, to be able to use the benefit.
Related Posts
El Salvador sets tax interest rates for August 2026–January 2027
September 25, 2026
El Salvador’s Ministry of Finance has announced new interest rates for delinquent tax payments through an official
Read More
El Salvador: DGII issues 2027 guidance on low-tax and preferential jurisdictions
September 24, 2026
El Salvador’s tax authority (DGII) released guidance MH.UVI.DGII/006.002/2026 on 22 September 2026 clarifying tax
Read MoreEl Salvador broadens deductibility of business costs, expenses under new tax decree
June 03, 2026
El Salvador has released a more taxpayer-friendly interpretation of how businesses can deduct operating costs. On 11
Read MoreEl Salvador eliminates tax on non-resident stock market returns
April 29, 2026
El Salvador has eliminated a 3% withholding tax on returns earned by foreign investors in its stock market, marking a
Read MoreUS, El Salvador sign trade deal to promote critical minerals investment
February 03, 2026
The US and El Salvador signed an agreement to promote US investment in El Salvador’s critical minerals sector on 29
Read MoreEl Salvador announces benefits to encourage business expansions, tax credits range from 10% to 30%
January 30, 2026
El Salvador’s Legislative Assembly enacted Decree No. 498 on 16 January 2026, which took effect on 24 January 2026,
Read More