Bolivia Proposes Restoring Full VAT Credit for Fuel Purchases to Support Economic Stability

• Bolivia’s Ministry of Economy has proposed a law to restore full VAT credit on fuel purchases, removing the current 70% cap.
• The proposal aims to repeal previous emergency measures that limited VAT credit recovery on gasoline and diesel.
• The change is intended to support economic stability, transparency, and productive activity without introducing new taxes.
• The government emphasizes that tax policy should not create unintended burdens and that temporary measures can have long-term negative effects.

Source: vatabout.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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