Print newspapers in El Salvador will pay taxes on imported material and equipment

  • Source: AP
  • May 7, 2021

"The new Legislative Assembly of El Salvador amended on Wednesday [May 5] the Print Law, in force since 1950, so that print newspapers pay taxes like all companies. (...) now print media will not have tariff exemptions, that is, they will not enjoy tax benefits and must pay taxes on the raw material, machinery and equipment that they import.

"(...) The reform must be sanctioned by President Nayib Bukele and if it goes forward, it would enter into force eight days after it is published in the Official Gazette. The president's relationship with the press when his management is criticized has been tense since he began his mandate and usually emphatically rejects any questioning. "


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