Displaying items by tag: taxes

The President of the Republic, Nayib Bukele, through a national chain announced the implementation of 11 measures in response to global inflation, the first is the suspension for three months of the Fondo de Estabilización para el Fomento Económico (FEFE) tax, US$11.52 million less in taxes that the Government will not receive, and the suspension for three months of the Contribución al Transporte (CONTRANS), which implies US$13.04 million less for the State.

The President of the la Asociación Salvadoreña de Transportistas Internacionales (ASTIC), Raúl Alfaro, said in a morning interview that despite the sharp rise in fuel prices, the institution maintains the cost of its freight.

The Legislative Assembly (AL), approved yesterday with 70 votes a Ley Especial y Transitoria that grants Facilities for the Voluntary Compliance of Tax and Customs Obligations, known as tax amnesty, which seeks to forgive fines, interest and surcharges when paying taxes.

The minister of Finance, Alejandro Zelaya, informed in a press conference that he presented today to the Legislative Assembly (AL), a Ley Especial y Transitoria que otorga Facilidades para el Cumplimiento Voluntario de Obligaciones Tributarias y Aduaneras, known as tax amnesty, which seeks to forgive fines, interest and surcharges when paying taxes.

Recently, the Republic of El Salvador passed a law that allows the adoption of Bitcoin as legal tender and will be an authorized means of payment with which economic agents will be able to make purchases and payments for goods, and services.