Sunday, February 25, 2024

Logo Central America Link

El Salvador clamps down hard on tax dodgers

Monday, November 5, 2012

The government of El Salvador will introduce a series of measures to improve its tax collection rates.

The new measures and strategies will enable the government to recover some $60 million it loses to companies that take advantage of legal loopholes to evade paying their whole contributions.

The measures will also give more resources to the government and not depend on loans to finance other projects.

Full story (in Spanish)