Displaying items by tag: taxes
The State will not receive US$24.56 million in FEFE and CONTRANS taxes for 3 months
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.
ASTIC proposes freezing VAT if fuels increase more than US$0.30 in taxes
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.
Salvadorans will have 60 days to pay their taxes in 7 installments
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.
Treasury will grant amnesty to pay 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.
What are the implications of the adoption of Bitcoin as legal tender and its relationship with 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.