Fifth Supplement to Official Gazette No. 341 of August 5, 2026.

Through Executive Decree No. 465, issued on August 4, 2026, the President of the Republic ordered a temporary reduction in the Value Added Tax (VAT) rate applicable to tourism services during the national holiday. In particular:

• The VAT rate is temporarily reduced from 15% to 8% for tourism services provided for under the Tourism Law.
• The reduced rate will apply exclusively on August 8, 9, and 10, 2026.
• Tourism service providers must apply the reduced rate to sales receipts issued during that period.

The measure seeks to encourage domestic tourism during the holiday by temporarily reducing the tax burden applicable to tourism services, thereby promoting consumption and supporting the sector’s economic recovery.

Tax Departament – BUSTAMANTE FABARA

For further information, please contact:

• Diego Pino: dpino@bustamantefabara.com
• Sofía Gordillo: sgordillo@bustamantefabara.com
• Carolina Medina: cmedina@bustamantefabara.com