As part of the update to tax compliance procedures, the Bolivian tax authority has introduced significant changes through Board Regulatory Resolution No. 102600000014. Among the most notable changes is the extension of the filing deadline for obligations related to Transfer Pricing, which has a direct impact on taxpayers subject to the Corporate Income Tax (IUE).
Scope of the Extension
The National Tax Service has decided to extend the deadline for compliance with various tax obligations—applicable to taxpayers with a fiscal year-end of December 31, 2025—until May 29, 2026.
This extension includes:
- Digital submission of financial statements
- Submission of the annual report
- Local File
- Informative Affidavit of Related-Party Transactions (Form 601)
Relevance regarding transfer pricing
The inclusion of the Local File within this extension is particularly significant, as this document constitutes one of the main mechanisms of tax control over transactions between related parties.
The extension of the deadline allows companies to:
- Adjust and validate their comparability analyses
- Review the correct application of the arm’s length principle
- Ensure consistency between financial and tax information
- Properly prepare supporting documentation
In this regard, the extension not only provides operational relief but also an opportunity to improve the quality of compliance.
Integration with the digitization of compliance
The measure is part of a broader digitization process driven by the tax administration, through which information is submitted via electronic platforms.
This means that taxpayers must:
- Submit the Local File in digital format
- Ensure that the documentation bears the appropriate signatures
- Integrate the information with the financial statements submitted
Digitization increases the traceability of information and facilitates audit processes.
Impact on taxpayers
From a practical perspective, the extension has several significant effects:
More preparation time: it allows companies to improve the quality of their technical documentation.
Risk reduction: it decreases the likelihood of errors, omissions, or inconsistencies.
Better internal alignment: facilitates coordination between accounting, tax, and legal departments.
However, it also implies the need for adequate planning, as compliance remains mandatory and subject to review by the tax authority.
Practical considerations
To properly take advantage of this extension, companies should:
- Review their transfer pricing policies
- Update their functional and comparability analysis
- Validate consistency between financial statements and the technical study
- Verify that Form 601 is correctly completed
Advance preparation will allow companies to face potential audit processes with greater confidence.
The extension granted by the National Tax Service until May 29, 2026, constitutes a significant measure in the context of tax compliance in Bolivia, particularly regarding Transfer Pricing.
Beyond extending deadlines, this provision offers taxpayers the opportunity to enhance the quality of their documentation and mitigate tax risks in an increasingly demanding environment.
In this context, TPC Group positions itself as a consulting firm specializing in transfer pricing, assisting organizations in preparing studies, complying with obligations, and managing tax risks, ensuring alignment with international standards and the requirements of tax authorities.
Source: BOARD REGULATORY RESOLUTION No. 102600000014 – LA PAZ – BOLIVIA