09.12.22

Easing of compliance rules

In July, we communicated on Bolivia’s swift acceleration of its e-invoicing mandate.  

The Bolivian Tax Authorities have now published what will certainly be welcome news for taxpayers- the easing of some its compliance regulations, further to Law No. 1448, dated 25 July 2022 in the Official Gazette.  

Significant changes include:  

• An extension of the time limit to pay outstanding tax amounts without a penalty from 10 days to 20 days 

• The penalty for unpaid tax obligations will be reduced to from 100% of the unpaid tax to 60% of the unpaid tax. 

Information about Bolivia’s e-invoicing mandate can be found here.