Displaying items by tag: Ministry of Finance
The Asociación Bancaria Salvadoreña (ABANSA) presented last thursday, august 24, to the Ministerio de Hacienda a proposal to reschedule short term debt, transferring it to medium and long term debt with maturities of 2, 3, 5 and 7 years.
The Treasury Committee voted in favor of subscribing a US$75 million loan agreement with the Development Bank of Latin America (CAF) for the Program for the Transformation of El Salvador's Business Climate through Trade and Investment Facilitation.
The Ministry of Finance reported that the Income Tax (ISR) generated US$1,553 million up to may of this year. Compared to the same period of 2022, this is a positive variation that maintains the trend that has been in place since previous months.
With the purpose of boosting agricultural production and guaranteeing food security, with 76 votes, the deputies authorized the Ministry of Finance to transfer US$38.496 million to the Ministry of Agriculture for the purchase and distribution of more than half a million agricultural packages.
The Ministry of Finance reminds taxpayers that the last day to file and pay Income Tax (ISR) for fiscal year 2022 is tomorrow, may 2.
Finance minister Alejandro Zelaya, said this morning in a press conference that this year, there will be no tax amnesty. Salvadorans will have to pay with fines and interest on Income Tax (ISR) for not declaring until may 2, 2023.
The Ministry of Finance, through the General Directorate of Internal Taxes, calls on taxpayers to file their Income Tax Return through the website www.mh.gob.sv
The Ministry of Finance launched the Electronic Invoicing System, a tool that will facilitate the payment of tax obligations to taxpayers and a better control over tax evasion through digital technology, putting El Salvador at the forefront of efforts in the region to modernize tax systems.
The Treasury Commission issued a favorable opinion for the creation of the Special Law for the Contracting of Public Works with Inclusive Financing, in order to establish special conditions for the awarding and execution of projects in which costs are contemplated in their design, construction, supervision and, in some cases, operation and maintenance.
The deputies of the Treasury Commission endorsed three rulings that seek to bring benefits to the general population. The first of them is related to the special, transitory and complementary provisions for the Viaduct Construction and Road Expansion of Los Chorros Section, between the Monseñor Romero highway and the municipalities of Santa Tecla, Colón and San Juan Opico, located in the department of La Libertad.