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Daily Tax Report: International

El Salvador MOF Issues Guidance on Tax Measures Due to Coronavirus

June 1, 2020, 5:00 AM

The Salvadoran Ministry of Finance May 20 issued a guidance on tax measures introduced due to the coronavirus pandemic. The guidance includes: 1) a deadline extension to June 30 for individuals, entities, and large taxpayers for 2019 annual declarations, social contributions, and rental income; 2) electronic tax return filing instructions; 3) a waiver of tax penalties, interest fees, surcharges and other fines for delayed payments; 4) a two-month deadline extension for payments due from March through July; and 5) a form and instructions for requesting deadline extensions and tax returns. The guidance is effective through June 30. [El Salvador, Ministry...

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