Bolivia Tax Agency Posts Resolution on VAT Credit Distribution for Oil Block Operators

The Bolivian National Tax Service Oct. 12 posted online Resolution No. 102500000040, on the distribution of VAT credits for certain oil block operators with specific contracts. The resolution includes measures: 1) requiring operators to submit a monthly credit distribution form online by the 10th of the month after the relevant period, even if there is no VAT credit; 2) requiring operators to submit a copy of current operating contracts to the Tax Authority if not registered as of Nov. 1; 3) requiring registration with the National Registry of Taxpayers of changes affecting the credit’s distribution within five business days of ...