Bolivia published Supreme Decree 4298 in the Official Gazette of 24 July 2020, which includes measures to establish tax incentives for economic reactivation and promote the creation of new companies through a tax system to support entrepreneurship, in light of COVID-19. The tax incentive measures of the Supreme Decree include the following: Taxpayers of the supplementary VAT (RC-IVA) regime are allowed an additional deduction equal to 20% of the VAT included in purchase invoices for products made in Bolivia from the date the Decree was published until 31 December 2020; Corporate income tax and VAT taxpayers are exceptionally allowed to...