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Bolivia Issues Regulations for the SIETE-RG Regime to Support Entrepreneurship

|Approved Changes|Bolivia
Bolivia

Bolivia's National Tax Service has announced the issuance of Normative Resolution RND 102000000021 of 20 August 2020, which provides the regulations for the recently introduced special regime (SIETE-RG) to support entrepreneurship. As previously reported, the SIETE-RG regime provides for a consolidated payment of VAT, transactions tax (TT), and income tax (IUE) for single-person companies and professionals developing manufacturing or service activities with annual income of BOB 250,000 or le…

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