Tax Ratio in El SalvadorThe 100 largest taxpayers registered with the Ministry of Finance paid tax equivalent to 2% of their annual gross income.Tuesday, May 12, 2015
Representatives from the department stated that they will start investigating some companies this year who have reported losses or very low taxation, "... and for that reason, asked for a refund of income tax (ISR). If the investigations show any irregularity, we will monitor this type of business, said Minister Carlos Caceres to Elmundo.com.sv. " Source: elmundo.com.sv ¿Busca soluciones de inteligencia comercial para su empresa?Newspapers in El Salvador to Pay Income TaxMay 2014 The Government is proposing amending the Press Law to tax the income of the companies that own printed newspapers, keeping tax exemptions on paper and ink. Revenue Statistics in Central AmericaJanuary 2014 Tax revenues in relation to GDP increased in the Central American countries with the exceptions of Guatemala, where it fell, and Costa Rica, where it did not change. Taxes Doubled on Mining Investments in HondurasAugust 2013 The tax rate for domestic and foreign investors in mining has increased from 3% to 6%-7% Salvadoran Government Without funds for Income Tax ReturnsAugust 2012 The head of the ministry of Finance confirmed that there are still more than $30 million worth of outstanding income tax returns for the fiscal year 2011.
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