Date: May 21, 2025 | Supplement: Sixth Supplement to Official Register No. 43 By means of Resolution No. NAC-DGERCGC25-00000009, published in the Sixth Supplement to Official Register No. 43 of May 21, 2025, the Internal Revenue Service (SRI) modifies the provisions applicable to the declaration of the Foreign Currency Exit Tax (ISD) generated by payments made abroad using credit cards.

Main provisions:

• Taxpayers (individuals or companies) who exceed the annual exemption
  amount and have not been subject to withholding by the card issuer must
  declare and pay the ISD on an annual cumulative basis.

• The declaration must be filed in April of the year following that in which
  the taxable transactions were carried out, according to the ninth digit of
  the RUC, using the ISD Form and including all transactions corresponding
  to the fiscal year.

• Transitional regime: Taxpayers who have not complied with the for the
  2022, 2023, or 2024 fiscal years must regularize their situation by June 30,
  2025

These provisions seek to ensure proper compliance with tax obligations arising from consumption abroad through electronic means of payment and to
strengthen ISD control.