Displaying items by tag: tax amnesty
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 minister of Finance, Alejandro Zelaya, announced in a press conference that, at the end of november 1 of this year, the tax amnesty resulted in the collection of US$131.3 million, which corresponds to approximately 25,000 taxpayers who applied for the amnesty.
The Ministry of Finance reminds salvadorans that tomorrow november 1st, is the last day for individuals or companies to take advantage of the tax amnesty and pay their debts with the institution.
If you are pending with the Ministry of Finance, the institution has managed a tax amnesty as a second opportunity to settle your debts.
Approximately US$40 million in taxes could be collected by the Ministry of Finance through the proposed Special Transitory Law for the Voluntary Compliance of Tax and Customs Obligations, in which the deputies of the Treasury and Special Budget Committee issued a favorable opinion.
The minister of Finance, Alejandro Zelaya, stated in an interview that during the Tax Amnesty period, they have been able to collect to date US$44 million that taxpayers had not paid as part of their tax obligations.