Bolivia taxes on a territorial basis: only Bolivia-source income is taxed, for both individuals and companies. Bolivia has no Controlled Foreign Company regime. Bolivia operates a self-assessment system, with the Servicio de Impuestos Nacionales conducting post-filing review.
The Bolivian tax year varies by sector (commonly ending in March, June, September, or December depending on the industry classification). The corporate filing deadline is generally 120 days after the applicable fiscal year-end.
Bolivia's headline corporate income tax (CIT) rate is 25% (higher for mining, financial, insurance).
The headline personal income tax (PIT) rate is 13%.
The standard VAT/GST (or equivalent consumption tax) rate is 13%.
Bolivia operates a territorial tax system: both individuals and companies are generally taxed only on Bolivia-source income. Individuals with a permanent home in Bolivia, or who spend more than 183 days in the country within a calendar year, are treated as tax residents and are additionally subject to tax on worldwide income.
A non-Bolivian entity has a Bolivia permanent establishment through a fixed place of business or a dependent agent habitually concluding contracts in Bolivia on the entity's behalf, following the OECD Model Treaty definition as applied under Bolivian domestic law and any applicable tax treaty.
Bolivia has no CFC provisions.
Bolivia has no formal thin capitalization regime as such - Bolivian law instead restricts interest deductibility specifically where funding is provided by shareholders, without a defined debt-to-equity ratio or EBITDA-based cap.
Bolivia does not use an elective check-the-box classification system; entity classification generally follows the entity's actual legal characteristics. Bolivia does not have a comprehensive ATAD2-style anti-hybrid regime.
No foreign bank account or foreign financial asset reporting regime exists requiring residents to separately disclose foreign accounts; consistent with Bolivia's territorial system, foreign-source income falls outside the Bolivia tax base entirely and is not reported on the annual tax return at all.
Bolivia's territorial system already excludes foreign-source income from the domestic tax base entirely, functioning as a broader substitute for a conventional participation exemption.
Bolivia's territorial tax system limits the practical role of a foreign tax credit, since foreign-source income is generally outside the Bolivian tax base to begin with.
Per PwC and the U.S. State Department (2024 Investment Climate Statement), Bolivia has 9 double tax treaties in force: Argentina, France, Germany, Spain, Sweden, the United Kingdom, and the three Andean Community members (Colombia, Ecuador, Peru). Bolivia has no comprehensive income tax treaty with the United States. Note: this is a correction from an earlier version of this page, which incorrectly stated that Bolivia had terminated its treaties with Spain and the UK - that claim conflated Bolivia's well-documented 2012 termination of its bilateral investment treaties (BITs) with the US and 21 other countries with its separate, still-active double tax treaty network; both current primary-adjacent sources confirm Spain and the UK treaties remain in force.