January 2020 Managerial Alerts
PARTIAL AMENDMENT TO THE DECREE WITH THE STATUS, VALUE, AND FORCE OF ORGANIC CUSTOMS LAW The National Constituent Assembly issued the Constituent Decree of Partial Amendment to the Decree with the Status, Value, and Force of Organic Customs Law (the “Decree”), dated January 29, 2020, and published in Official Gazette No. 6.507 Extraordinary of…
CONSTITUENT DECREES The National Constituent Assembly issued the Constituent Decrees mentioned below and published in Official Gazette No. 6.507 Extraordinary of January 29, 2020. i) Constituent Decree whereby the Tax Organic Code is issued. ii) Constituent Decree That Amends the Decree with the Status, Value, and Force of Organic Customs Law. iii) Constituent Decree that…
PARTIAL AMENDMENT TO THE DECREE WITH THE STATUS, VALUE, AND FORCE OF LAW THAT ESTABLISHES THE VALUE ADDED TAX The Constituent Decree of Partial Amendment to the Decree with the Status, Value, and Force of Law that establishes the Value Added Tax of January 29, 2020 (the “Decree”), issued by the National Constituent Assembly, was…
ORGANIC TAX CODE The Constituent Decree dated January 29, 2020 whereby the Organic Tax Code was issued, was published in Official Gazette No. 6.507 Extraordinary of the same date (the “Decree”). The Decree was issued by the National Constituent Assembly. The Decree repealed the Decree with the Status, Value, and Force of Law of the…
CRITERIA FOR PRESENTATION OF FINANCIAL STATEMENTS – RNC REGISTRATION AND ENABLEMENT A Ruling that Regulates the Criteria for Presentation of Financial Statements as a requirement for registration with and enablement at the National Registry of Contractors( Registro Nacional de Contratistas (RNC) (the “Ruling”), issued by the Central Planning Commission of the National Service of Contracting…