El Salvador MOF Announces Temporary VAT Reduction on Fuels

March 25, 2022, 5:00 AM UTC

The Salvadoran Ministry of Finance March 22 announced a temporary reduction of VAT on fuels. The announcement clarifies the reduced VAT rate of: 1) 4.75 percent for premium gasoline; 2) 5 percent for regular gasoline; and 3) 1.75 percent for diesel. The reduced rates take effect March 23. [El Salvador, Ministry of Finance, 03/22/22]

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