Bolivia Forgives Tax Debts to Lure Informal Economy

2026-02-20 - 11:53

Key Points — Bolivia’s government submitted a bill creating a simplified tax regime that merges three taxes into a single 5% bimonthly payment for small businesses earning under 400,000 bolivianos (~$57,500) a year — The law would forgive all tax debts under 10 million bolivianos (~$1.4 million) accumulated before 2018, and eliminate fines and interest