OrbitaxOrbitax

Bolivia Extends Financial Transactions Tax to 2023 and Provides Tax Exemption on Public Debt Interest

|Approved Changes|Bolivia
Bolivia

As part of the General Budget Law for 2019, Bolivia has extended the 0.30% financial transactions tax until 31 December 2023. The tax is mainly levied on financial deposits and transfers and is withheld by the relevant bank or financial institution. In addition, the law provides a corporate tax exemption for creditors in relation to interest on public debt issued through securities in external …

Continue Reading