Bolivia defers deadline for submitting and paying financial transaction tax

March 05, 2024

On 4 March 2024, Bolivia’s tax authority, the National Tax Service (Servicio de Impuestos Nacionales), released the RND N°102400000007. In this guidance, the tax authorities have extended the deadline for submitting affidavits and paying taxes

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Bolivia enlists taxpayers whose VAT invoices are invalid for VAT credit and tax deduction 

January 25, 2024

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

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Bolivia extends deadline for RC-VAT tax compliance, filing, and payment for direct taxpayers

January 20, 2024

On 19 January 2024, Bolivia’s tax authority (Servicio de Impuestos Nacionales) issued a guidance entitled ‘RND N°102400000006’, in which it extended the deadline for filing the Affidavit Form 610, payment of the tax and compliance with Formal

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Bolivia: 2024 state budget law introduces tax measures

January 06, 2024

On 5 January 2024, Bolivia introduced new tax measures in Law No. 1546 of the 2024 General State Budget. The tax measures are: The validity of the financial transactions tax will be extended until 31 December 2028. An amendment to the ICE

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Bolivia widens VAT incentives for various sectors

January 02, 2024

On 31 December 2023, Bolivia published Law No. 1546 on the General State Budget for 2024 in the Official Gazette. This law introduces a range of incentives for industrialization and expands the existing VAT incentives. The incentives were enacted on

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Bolivia grants extension for submitting corporate income tax reporting requirements

May 10, 2023

On 28 April 2022, the Bolivian National Tax Service published a Resolution No. 102300000014 extending the corporate income tax (IUE) reporting deadline for the tax year ending 31 December 2022 to 31 May 2023 for (i) financial statements; (ii) annual

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Bolivia: Tax Administration extends filing deadlines of CIT forms

April 27, 2022

On 22 April 2022, the Tax Administration published a guidance, RND No. 102200000008, which extends the deadline until 31 May 2022 for filing certain corporate tax reports and statements, for the tax period closing 31 December 2021. Under this

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Bolivia: Deadline extension for compliance with tax obligations for private companies

March 18, 2022

Recently, the Tax administration issued a guidance (RND 1022-04), which extends the deadline for the presentation of Sworn Declarations and payment of tax obligations until 18 March 2022 for the fiscal period February 2022, of the Public Entities

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Bolivia: National Tax Service extends due date of financial reports and other reports

August 10, 2021

On 27 July 2021, the National Tax Service declared the issuance of Resolution No. 102100000009 of 27 July 2021. According to the Resolution, the paper filing or electronically filing of financial statements and other reports is extended until 31

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Bolivia: Tax Authority extends deadline for submitting financial reports

May 20, 2021

On 28 April 2021, the Tax Authority Officially published a Resolution No. 102100000006, which extends the deadline to submit financial reports and supporting documentation until 31 May 2021 related to their corporate income tax filing for fiscal

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Bolivia: Government publishes Budget Law for 2021

January 08, 2021

On 28 December 2020, the Government Officially published the Budget Law for 2021 and Law No. 1355, which effects from 1 January 2021. Under Law No. 1355, a 5% VAT refund is introduced on sales prices for low-income individuals with monthly income

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Bolivia: Government declares to extend tax filing deadline for corporations

May 31, 2020

The Government body has recently announced following tax relief measures amid coronavirus pandemic: On 28 May 2020, the Minister of Economy and Finance announced that the national government will issue a Supreme Decree 4249 that postpones the

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Bolivia: Revenue Authority issues Resolution regarding tax filing deadline extension

April 02, 2020

On 28 March 2020, the Revenue Authority issued an Administrative Resolution N° 1020000000061 of 27 March 2020 regarding tax deadline extensions due to coronavirus outbreak. This contains: The deadline for the submission of corporate income tax

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Bolivia: Government issues guide to provide tax relief during coronavirus pandemic

March 24, 2020

On 18 March 2020, the Government issued Supreme Decree No. 4198 for providing tax relief during the COVID-19 outbreak. The measures include the following: The due date for corporate tax payment for the year ending 31 December 2019 is to be

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Bolivia issues resolution for tax certificates procedure

July 10, 2019

On 29 June 2019, Bolivian National Tax Service issued Resolution No. 101900000011 in the official website introducing procedure and requirement for certificates of tax residence, tax debt, and foreign accreditation. The resolution clarifies the

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Bolivia updates list of tax haven jurisdiction

February 27, 2019

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

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Bolivia increases income tax on financial sector

March 21, 2017

The Chamber of Deputies approved an increase of 3% (increase from 22% to 25%) to the income tax on the profits of companies in the financial sector on 16 March 2017. The increase will be applicable on the profits generated as from

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Bolivia: Proposal to increase income tax for financial sector

February 25, 2017

The Finance Minister has announced a proposal on 7 February 2017 for rising income tax in the financial sector by 3% (from 22% to 25%). The proposal had been submitted to the

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