9 January 2020
The Legislative Assembly approved Legislative Decree No. 521, dated December 13, 2019, the Special and Transitory Law that Grants Facilities for Voluntary Compliance with Tax and Customs Obligations; known as Fiscal Amnesty, which will allow taxpayers and companies to catch up with the treasury, without paying fines and interest.
In this regard, 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.
In addition, it was established that the Treasury General Directorate will grant up to a maximum of 8 months through the issuance of the payment resolution in installments for the payment of taxpayers who request it.
The General Directorate of Internal Taxes and the General Directorate of Treasury, urge natural or legal taxpayers to take advantage of the benefits granted by the Transitory Law to Facilitate Voluntary Compliance with Tax and Customs Obligations, and enjoy facilities to pay amounts owed to the treasury.
The amnesty covers taxpayers who, forced to pay taxes under the jurisdiction of the General Directorate of Internal Taxes and tariffs of the General Directorate of Customs, have the opportunity to voluntarily regularize their situation without incurring the payment of interest, surcharges or fines. .
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.
- The Decree shall enter into force on the day of its publication in the Official Gazette.
- 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.