El Salvador's Ministry of Finance has published a new General Guide on preferential tax regimes (tax havens), which includes the list of jurisdictions and territories that are considered tax havens for tax purposes, including low and no-tax jurisdictions/territories. Although the title indicates that it is for the 2022 fiscal year, it is confirmed in the guide that it applies for the 2023 fiscal year (i.e., from 1 January 2023). In general, payments made to recipients domiciled in a listed jurisdiction/territory are subject to an increased withholding tax of 25%. In certain cases, payments to entities under a particular preferential tax...