Tax Moratorium, Law 51

This information bulletin is especially for those taxpayers who are behind in their payment of the various taxes administered by the National Authority for the National Income, ANIP, for its initials in |Spanish. For these taxpayers on the 5th of September 2013, was enacted Law 51. This law permits delinquent taxpayers to pay delinquent taxes during the 3 months from the 9th of September until the 6th of December of this year. There are several benefits including a) 100% exoneration of fines; b) 100% exoneration of late charges; and c) 25% discount on interest.

The Taxpayers who can take advantage of this law are;
Any person,
a) Physical;
b) Juridical; or
c) The property of any of these taxpayers who are eligible.

Eligibility of the taxpayer requires that;
a) Not having legal proceedings with the ANIP over taxes
b) Not having legal proceedings before the Tax Court (Tribunal Tributario)
c) Those not currently being audited, which audit started before the effective date of Law 51.

In order to take advantage of this law the taxpayer should proceed as follows;
a) Enter the ANIP web page and enter the “Solicitud de Regularizacion” (request for regularization);
b) Pay the corresponding taxes to the proper authorities of the Government;
c) The benefits of the Law 51 will be automatically applied.

The major Taxes covered are:

101 Income tax for physical persons (Impuesto Sobre la Renta Persona Natural)
102 Corporate Tax (Impuesto Sobre la Renta Persona Jurídica)
103 Income Tax for the Zona Libre de Colon (Impuesto Sobre la Renta Zona Libre de Colon)
111 Complementary Tax (Impuesto Complementario)
130 Property Tax (Impuesto de Inmuebles)
140 Commercial License (Licencia Comercial)
308 Stamp Tax Declaration (Declaración Impuesto de Timbre)
315 Corporate Name Reservation Tax (Tasa Unica)
319 Education Tax (Seguro Educativo)
202 Value Added Tax (ITBMS)




For further Information please contact us.

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