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Bolivia: Corporate income tax relief measures (COVID-19)

Bolivia: Corporate income tax relief measures, COVID-19

The tax authority provided certain corporate income tax measures in response to the coronavirus (COVID-19) pandemic.


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The tax authority issued Resolution No. 102000000008 to implement measures provided by Supreme Decree No. 4198. Read TaxNewsFlash

The tax relief addressed in the resolution concerns:

  • Payment relief: The taxpayer must pay 50% or more of the amount of the corporate income tax (Utilidades de las Empree--IUE) for the tax period 2019, as self-determined and reported on the tax return, by 1 June 2020. There are provisions allowing income tax to be paid in three installments, without incurring interest or requiring a warranty for payment, and concerning administrative approval requirements.
  • Transactions tax: Relief is provided to certain taxpayers with regard to their transactions tax liability.
  • Deductibility of donations: There are measures allowing for the deduction of certain donations made to entities engaged in the treatment of patients with COVID-19 disease.
  • Independent professionals: A tax credit is made available to certain “independent professionals” with regard to VAT on certain purchases.

Read an April 2020 report [PDF 120 KB] prepared by the KPMG member firm in Bolivia

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