Bolivia's Tax Relief Program Aids Nearly 173,000 Taxpayers Amid Enhanced Cybersecurity Measures

Bolivia's National Tax Service (SIN) reports significant progress in its "Tax Relief" program, with nearly 173,000 taxpayers regularizing their outstanding debts. The initiative, which commenced on June 25, allows individuals and businesses to settle their obligations through lump-sum payments or payment plans extending up to 36 months.

According to SIN Executive President Jorge Zogbi, taxpayers have responded responsibly to the program. "To date, we have approximately 173,000 taxpayers who have already regularized their situation, have made a lump-sum payment, or have opted for a payment facility," Zogbi informed EL DEBER. The program, established by Law N° 1733 on May 27, aims to help taxpayers clear debts from the 2018, 2019, and 2021-2025 tax years.

“

To date, we have approximately 173,000 taxpayers who have already regularized their situation, have made a lump-sum payment, or have opted for a payment facility.

In parallel with the debt regularization efforts, the SIN is bolstering its digital security. Since August 1, the service has implemented a two-factor authentication (2FA) system for accessing its virtual tax office. This measure requires users to provide a PIN sent to their email in addition to their standard username and password, mirroring security protocols used by major online services.

Zogbi explained that the 2FA implementation is crucial for protecting taxpayer information. "This measure is very necessary, it is essential, to preserve the security of the information that the Tax Administration possesses and that of the taxpayers. It is extremely important information," he stated. The SIN has collected Bs 618 million so far through the program and anticipates further increases. Taxpayers opting for immediate payment can benefit from a 50% reduction on maintenance of value charges.

“

This measure is very necessary, it is essential, to preserve the security of the information that the Tax Administration possesses and that of the taxpayers. It is extremely important information.