Effective 2 September 2026, Bolivia’s Tax Administration (Servicio de Impuestos Nacionales) enacted Administrative Resolution RA-PE-01-0026-09, doubling the maximum term for tax payment facilities (Facilidades de Pago) from 36 to 60 monthly installments. This regulatory change, authorized under Article 72 of the Tax Code and Supreme Decree 27314, applies to all outstanding tax debts—including Value Added Tax (IVA), Corporate Profits Tax (IUE), and Transaction Tax (IT)—that are subject to administrative collection. The extended term is available for debts up to 500,000 Bolivianos (approximately USD 72,000) for individuals and 2,000,000 Bolivianos for corporations, provided the taxpayer presents a guarantor or pledge for amounts exceeding 100,000 Bolivianos. Interest accrues at the official annual rate of 6% (Tasa de Interés Oficial), and the first installment is due within 30 days of agreement approval.
Key Takeaways
- Extended Amortization Lowers Monthly Burden: By stretching repayment over five years instead of three, the measure reduces average monthly installments by roughly 40%, significantly improving cash flow for businesses facing liquidity constraints amid economic headwinds. Taxpayers can now align tax debt service with longer business cycles.
- Eligibility Thresholds and Guarantees: The higher debt caps and guarantee requirements target relief toward established enterprises while protecting fiscal revenue. Startups and micro-enterprises with debts below 100,000 Bolivianos can access the 60-month term without collateral, promoting formalization.
- Automatic Conversion for Existing Plans: Taxpayers currently in 36-month plans may request conversion to the 60-month schedule without new guarantees, provided they are current on payments. The Tax Authority has enabled a one-click conversion in its virtual office portal, reducing administrative friction.
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