Managerial Alerts

ADMINISTRATIVE ORDER BY WHICH THE TAX UNIT IS READJUSTED TO BS. 1,500.00 – Mar 13 2020

ADMINISTRATIVE ORDER BY WHICH THE TAX UNIT IS READJUSTED TO BS. 1,500.00   In Official Gazette No. 41,839 of March 13, 2020, Administrative Ruling No. SNAT/2020/00006 (“the Ruling”) issued by the Superintendent of the National Integrated Customs and Tax Administration Service (“SENIAT”) was published. , by means of which the Tax Unit (“U.T.”) was readjusted…

PARTIAL AMENDMENT TO THE DECREE WITH THE STATUS, VALUE, AND FORCE OF ORGANIC CUSTOMS LAW – Jan 29 2020

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…

PARTIAL AMENDMENT TO THE DECREE WITH THE STATUS, VALUE, AND FORCE OF LAW THAT ESTABLISHES THE VALUE ADDED TAX – Jan 29 2020

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…

CRITERIA FOR PRESENTATION OF FINANCIAL STATEMENTS – RNC REGISTRATION AND ENABLEMENT – Jan 9 2020

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…

SCHEDULE OF NON-SPECIAL TAXPAYERS – ACTIVITIES OF GAMES OF CHANCE 2020 – Dec 26 2019

SCHEDULE OF NON-SPECIAL TAXPAYERS – ACTIVITIES OF GAMES OF CHANCE 2020 Administrative Ruling No. SNAT/2019/00340 of November 15, 2019, issued by the Superintendent of the National Integrated Service of Customs and Tax Administration (Servicio Nacional Integrado de Administración Aduanera y Tributaria – “SENIAT”), was published in Official Gazette No. 41.788 of December 26, 2019 (the…

ACCOUNTING RECORD OF ECONOMIC EVENTS AND TRANSACTIONS STATED IN CRYPTOASSETS – Dec 26 2019

ACCOUNTING RECORD OF ECONOMIC EVENTS AND TRANSACTIONS STATED IN CRYPTOASSETS   A Ruling that Regulates the Recording in the Accounts of Economic Events and Transactions Stated in Cryptoassets, issued by the National Superintendence of Cryptoassets and Connected Activities (Superintendencia Nacional de Criptoactivos y Actividades Conexas – SUNACRIP) was published in Official Gazette No. 41.788 of…

SCHEDULE OF NON-SPECIAL TAXPAYERS – ACTIVITIES OF GAMES OF CHANCE 2020 – Dec 26 2019

SCHEDULE OF NON-SPECIAL TAXPAYERS – ACTIVITIES OF GAMES OF CHANCE 2020 Administrative Ruling No. SNAT/2019/00340 of November 15, 2019, issued by the Superintendent of the National Integrated Service of Customs and Tax Administration (Servicio Nacional Integrado de Administración Aduanera y Tributaria – “SENIAT”), was published in Official Gazette No. 41.788 of December 26, 2019 (the…