As of 2026/08/13, the Servicio de Impuestos Nacionales (SIN) released a press note detailing three real case studies that illustrate the practical effects of the newly enacted Tax Relief Law (Ley de Alivio Tributario). The legislation, which came into force on 1 July 2026, aims to reduce the effective tax burden for small and medium‑sized enterprises (SMEs) by providing targeted deductions and streamlined filing procedures. The note highlights how the measures are expected to improve cash flow for approximately 1,200 qualifying firms and to simplify compliance through an updated electronic portal. Additionally, the release references the legal basis of the law in Supreme Decree No. 2026/1422 and outlines the timeline for upcoming audits.
Key Takeaways
- Broader Eligibility: The relief now covers an additional 1,200 medium‑size companies, allowing a maximum reduction of two percentage points in their effective tax rate.
- Enhanced Deduction Limits: Qualifying research and development expenses are deductible up to 30 % of projected spend, up from the previous 20 %.
- Streamlined Reporting: Taxpayers can submit updated declarations via the newly launched digital platform, cutting processing time from 30 to 10 business days.
Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified professional tax advisor or legal counsel.
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