Bolivia: Changes to procedures for export tax refund requests with surety insurance policy on first demand

Tax authority guidance—RND No. 102400000014

Tax authority guidance—RND No. 102400000014

The tax authority (Servicio de Impuestos Nacionales—SIN) issued guidance—RND No. 102400000014 (2 May 2024)—providing that:

  • Once an export tax refund request (solicitude de devolución impositiva—SDI) has been submitted, with a surety insurance policy on first demand, the SDI will issue a report of proof of filing with the status of "preliminary acceptance," and once accepted, it has a period of 15 days to deliver the tax refund certificate (el certificado de devolución impositiva—CEDEIM).
  • Likewise, once the filing certificate report has been issued, the SDI has a period of 15 days to verify, accept, or reject the request.
  • The request for SDI must be made within 180 days, computable from the first business day of the month following the month in which the export was made.

Previously, the procedure for SDIs with a surety insurance policy on first demand was similar to traditional SDIs, which implied more time to obtain CEDEIMs.

Read a May 2024 report (Spanish) prepared by the KPMG member firm in Bolivia



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