VATupdate
El Salvador

Share this post on

El Salvador Congress Passes Tax Amnesty Program for Outstanding Obligations and Fines

  • Salvadoran Congress approved a tax amnesty program on 3 September 2024
  • Taxpayers can settle tax, customs obligations, and traffic fines voluntarily
  • Program applies to penalties and interest, not the tax owed
  • Taxpayers have 90 days from the law’s entry into force to settle obligations
  • Program excludes municipal taxes and applies to fines related to traffic laws
  • Payment plan of up to nine monthly installments available
  • Taxpayers who did not pay previous amnesty program debts can benefit from new program
  • Penalties under specific Tax Code sections can be waived or paid in installments

Source: globaltaxnews.ey.com

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.

Sponsors:

Pincvision
VATIT Compliance
VAT news

Advertisements:

  • Pincvision