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El Salvador: Tax Amnesty allows taxpayers to catch up on outstanding tax obligations

  • The Fiscal Amnesty allows taxpayers with outstanding debts to catch up on their tax obligations.
  • Individuals and legal entities will have the opportunity to regularize their tax status with the Treasury.
  • The law allows for the payment of taxes without interest, surcharges, and fines.
  • The amnesty applies to taxes due until September 30, 2023.
  • Taxpayers have until December 8 of the current year to apply.
  • Insolvent taxpayers can take advantage of the amnesty in various cases, such as unpaid declarations, declarations with a higher credit than necessary, and cases under audit or in the process of evidence.
  • Payment plans of up to 9 monthly installments are available, with the first installment being 10% of the total debt.
  • The Minister of Finance encourages taxpayers with outstanding debts to approach the Treasury to resolve their non-compliance.
  • The Ministry of Finance provides a Guide for taxpayers to apply to the law.

Source: mh.gob.sv

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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