Bolivia has published Law No. 1448 of 25 July 2022 in the Official Gazette, which relaxes certain tax compliance rules. Measures include:
- Extension of the time limit to pay outstanding tax amounts without a penalty from 10 days after the official claim is issued to 20 days; and
- Reduction in the penalty for unpaid tax obligations from 100% of the unpaid tax to 60%.
The law also provides for the extension of tax payment installment facilities for taxpayers that previously failed to fulfill …