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El Salvador Publishes Tax Havens List for 2020

|Approved Changes|El Salvador
El Salvador

El Salvador's Ministry of Finance has published General Guide DG-001/2019, which includes the list of jurisdictions and territories that are considered tax havens for tax purposes for the 2020 tax year. In general, payments made to recipients domiciled in a listed jurisdiction/territory are subject to an increased withholding tax of 25%. In certain cases, payments to entities under a particula…

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