Bolivia: Deadline extension for compliance with tax obligations for private companies
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
See MoreBolivia: National Tax Service extends due date of financial reports and other reports
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
See MoreBolivia: Tax Authority extends deadline for submitting financial reports
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
See MoreBolivia: Government publishes Budget Law for 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
See MoreBolivia: Government declares to extend tax filing deadline for corporations
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
See MoreBolivia: Revenue Authority issues Resolution regarding tax filing deadline extension
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
See MoreBolivia: Government issues guide to provide tax relief during coronavirus pandemic
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
See MoreBolivia issues resolution for tax certificates procedure
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
See MoreBolivia updates list of tax haven jurisdiction
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
See MoreBolivia increases income tax on financial sector
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
See MoreBolivia: Proposal to increase income tax for financial sector
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
See MoreBolivia: Amendments in customs duties
Supreme Decree 3069 was published in the Official Gazette on 1 February 2017. The Decree changes the customs duties charged on imports of electronic equipment, image and sound recording, centrifugal dryers, vacuum cleaners, monitors and projectors,
See MoreBolivia publishes budget for 2017
The General Budget for 2017 was published in the Official Gazette on 28 November 2016. The Budget exempts from corporate income tax interest paid to creditors of public debt issued by security titles at foreign capital markets; and installments made
See MoreMost favoured nation clause of the protocol to the Bolivia – France Income and Capital Tax Treaty (1994) activated
The Tax Administration of France updated the guidance on 4 November 2016 about activation of the most favoured nation (MFN) clauses concluded by France on certain tax treaties. Accordingly, the MFN clause in article 5 of the protocol to the Bolivia
See MoreBolivia: Amendments to tax code regulations
Decree 2993 released by the President in the Official Gazette on 29 November and the Decree amends the Tax Code Regulations orderly relate to the new rules recognized by Law 812 accepted by the chamber of senators on 1 July 2016. The Decree
See MoreBolivia: Publishes audit procedure rules
The National Tax Service published Resolution No. 10-0032-16 (the Resolution) on 27 November 2016. The Resolution contains the formalities to be observed by the tax authorities during an audit procedure carried out to verify tax liabilities
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