author_orbitax
Orbitax

Share This Article

Bolivia Notes Final Corporate Income Tax Payment for Independent Professionals Changing to Personal Income Tax

18 January 2023

|

Approved Changes

|

Bolivia

Bolivia's National Tax Service has issued a release announcing that independent professionals (doctors, lawyers, engineers, etc.) must declare and pay corporate income tax for the last time by 31 January 2023 for the year closing 31 December 2022. This is the final payment considering changes introduced by Law No. 1448 of 25 July 2022 that extended the personal income tax (Regimen Complementario del Impuesto al Valor Agregado - RC-IVA) to the income of individuals from liberal professions, which was previously subject to corporate income tax. The final payment by 31 January is provided by the recently issued Supreme Decree No....