El Salvador Gazettes Law Establishing Tax Amnesty Regime for Individuals, Companies

Oct. 14, 2021, 5:00 AM

The Salvadoran Official Gazette Oct. 5 published Legislative Decree No. 173, establishing a tax amnesty regime for individuals and companies to regularize unpaid tax debts. The decree includes measures: 1) allowing the voluntary declaration of debts expired or matured before June 30; 2) allowing modified declarations for incorrect balances or omissions; and 3) establishing a maximum payment term of seven months, with mandatory minimum initial installment payments of either ten percent or 25 percent. The decree enters into force the same date. [El Salvador, Official Gazette, 10/05/21]

View Official Gazette Volume No. 433, Legislative Decree No. 173 of 10/05/21 ...

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