30 January 2020
The entry into force of the Special and Transitory Law that Grants Facilities for Voluntary Compliance with Tax and Customs Obligations has been published in the Official Gazette 242; known as Fiscal Amnesty, which will allow taxpayers and companies to catch up with the treasury, without paying fines and interest.
Read more about it in the Official Gazette 242: https://www.diariooficial.gob.sv/diarios/do-2019/12-diciembre/23-12-2019.pdf
It has been established that the General Directorate of Treasury will grant up to a maximum 8 months through the issuance of the payment resolution in installments for the payment of taxpayers who request it.
The Minister of Finance, Nelson Fuentes, clarified that this amnesty is not a pardon, but is intended to make it easier for all taxpayers, without exception, to pay their taxes and tax obligations.
Who can take advantage of the Tax Amnesty and general aspects that must be considered?
- Natural and legal persons and real estate, including taxpayers who maintain current payment arrangements.
- Taxpayers, withholding agents and other persons responsible for taxes.
- Taxpayers who maintain processes pending for additional assessments, ex officio liens or any other payment requirement.
This provision will apply to taxes and declarations that have expired prior to the date of entry into force of the aforementioned Law.
It is important that taxpayers carry out a diagnosis of their operations and tax situation, in order to evaluate the opportunity to regularize, taking advantage of the benefit granted by this Special and Transitory Law.
For more information, you can solve your Tax status by contacting us at elsalvador@latinalliance.co