On 21 October 2026, a comparative analysis was released examining the changes to formal tax offense penalties introduced by Tax Amnesty II (Ley de Inocencia Fiscal II) relative to the original Tax Amnesty I framework. The report details the updated fine schedules for late filing, omitted registrations, and information regime violations, highlighting the special reduction regimes available to Micro, Small, and Medium Enterprises (MiPyMES). The analysis references Law 27.XXX provisions and the recent regulatory decree, providing a practical matrix for taxpayers and advisors to quantify exposure and plan regularization strategies.
Key Takeaways
- Graduated Penalty Reductions: MiPyMES benefit from tiered reductions of 70%, 50%, and 30% depending on regularization timing, significantly lower than the standard 50%, 30%, 10% schedule for large taxpayers.
- Formal Offense Reclassification: Certain recurring infractions previously classified as formal offenses are recharacterized as material non-compliance under the new law, triggering higher base penalties but broader amnesty eligibility.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement