Courtesy
The Ministry of Finance of El Salvador, through the General Directorate of Treasury, has informed about the interest rates that will be applied to delinquent taxes during the period between february 1 and july 31, 2025. The measure is based on the provisions of Articles 1 and 3 of Legislative Decree No. 720, dated november 24, 1993.
According to the official statement, the interest rate for overdue tax obligations will be 7.99% per annum. However, in the event that 60 days elapse after the due date without the taxpayer having regularized its situation, the applicable interest rate will be increased to 11.99% per annum.
The authorities of the Ministry of Finance urge taxpayers to comply with their tax obligations within the established deadlines, in order to avoid paying additional interest that would increase the amount owed. They also remind that timely payment contributes to the strengthening of public finances and the development of the country.
The Government has reiterated its commitment to keep the population informed about changes in tax regulations and has made available to citizens several channels for consultation and assistance. Taxpayers can approach the Ministry of Finance offices or use the online services to make their payments and avoid penalties.
The Ministry of Finance stresses the importance of complying with tax responsibilities and recommends taxpayers to review their obligations in advance to avoid additional surcharges and late payment penalties.