Bolivia Forgives Tax Debts, Launches Simplified Regime

2026-03-18 - 14:50

Key Points — Bolivia’s tax service is replacing its punitive enforcement model with a compliance-based approach, cutting taxpayer registration from two months to hours and broadening deductible expenses for independent professionals — A new intermediate regime called 7-RG introduces a 5% monotax on gross sales for small entrepreneurs earning under Bs 400,000 ($57,500) annually, bridging