The Bolivian parliament is considering a draft law that would relax 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;
- Reduction in the penalty for unpaid tax obligations from 100% of the unpaid tax to 60%; and
- Extension of prior tax payment facilities for taxpayers that failed to fulfill their payment obligations before the draft law's entry into force, with…