{"service":"latamref","description":"Latin American government reference data: clean, cited JSON for policy rates, tax rates, minimum wages, public holidays and more.","evaluation":{"country":"BR","note":"Every BR series on this service is FREE — current value, history and as_at, with full citations. It is the evaluation country: exercise the real paid surface on it before paying for the rest.","verify_any_country_free":{"html_pages":"Every country's CURRENT value, its citation, effective date and last-verified date are published free as HTML at /{country}/{series} — e.g. /ke/policy-rate. No payment, no key. Check any value in this catalog against its official source before you buy anything.","this_catalog":"Every series listed here carries its full source citation, last_confirmed date and confidence level, free, for every country — not just the evaluation country.","what_payment_buys":"Machine-readable JSON, /history, ?as_at= point-in-time reads, the computed answer endpoints, and certified extracts. The DATA is not hidden; the API convenience is what is sold."}},"products":[{"id":"corporate-tax","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"cpi","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"fx-reference","kind":"product","countries_held":4,"countries_applicable":19,"complete":false,"applicable_universe":"Countries that run their own currency and publish an official daily reference fixing. This is the fleet's largest genuine gap: roughly a hundred central banks qualify and twenty-four are wired, because each bank's redistribution terms have to be cleared individually before its rates can be republished."},{"id":"income-tax","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"minimum-wage","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"policy-rate","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"public-holidays","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"social-contributions","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"statutory-interest","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"vat","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"vat-registration-threshold","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."},{"id":"withholding-tax","kind":"product","countries_held":22,"countries_applicable":22,"complete":true,"applicable_universe":"Every country this service holds."}],"countries":[{"country":"AR","name":"Argentina","currency":"ARS","series":[{"id":"policy-rate","name":"BCRA monetary policy rate (abolished — endogenous-rate regime)","description":"Banco Central de la República Argentina (BCRA) tasa de política monetaria. The BCRA formally abolished its policy interest rate in July 2025 when it shifted to a monetary-aggregates framework; there is no BCRA-set policy reference rate in force.","free":false,"stale":false,"last_confirmed":"2026-08-21","confidence":"primary","effective_from":"2025-07-10","source":{"name":"BCRA — Comunicado de Política Monetaria: profundización del esquema de agregados monetarios (fase de re-monetización 2026); Últimos Comunicados de Política Monetaria","url":"https://www.bcra.gob.ar/en/latest-monetary-policy-statements/"},"url":"https://latamref.dev/v1/ar/policy-rate"},{"id":"vat","name":"VAT standard rate (IVA alícuota general)","description":"Standard value-added tax rate (Impuesto al Valor Agregado), general rate under Article 28 of the Ley de IVA (Ley 23.349, texto ordenado por Decreto 280/1997).","free":false,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"1995-04-01","source":{"name":"Ley 23.349 (Ley del IVA, t.o. 1997), Artículo 28 — Infoleg (Ministerio de Justicia), texto actualizado","url":"https://servicios.infoleg.gob.ar/infolegInternet/anexos/40000-44999/42701/texact.htm"},"url":"https://latamref.dev/v1/ar/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Argentina, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"InfoLEG official consolidated text of the Ley de IVA (Ley 23.349, t.o. Decreto 280/97): Art. 4 'Son sujetos pasivos del impuesto quienes:' — liability attaches by activity (habitual sellers, service providers, importers) with no turnover figure anywhere in the law; Art. 1(e) covers 'los servicios digitales... prestados por un sujeto residente o domiciliado en el exterior'; Art. 4 inc. i) makes taxpayers those who 'sean prestatarios en los casos previstos en el inciso e) del artículo 1°'.","url":"http://servicios.infoleg.gob.ar/infolegInternet/anexos/40000-44999/42701/texact.htm"},"url":"https://latamref.dev/v1/ar/vat-registration-threshold"},{"id":"minimum-wage","name":"Salario Mínimo, Vital y Móvil (SMVM), monthly","description":"National monthly minimum wage for full-time workers under the Régimen de Contrato de Trabajo, set by the Consejo Nacional del Empleo, la Productividad y el Salario Mínimo, Vital y Móvil and published in the Boletín Oficial.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-08-01","source":{"name":"Resolución 9/2025, Consejo Nacional del Empleo, la Productividad y el Salario Mínimo, Vital y Móvil (B.O. 03/12/2025), art. 1 inc. j): 'PESOS TRESCIENTOS SETENTA Y SEIS MIL SEISCIENTOS ($376.600)' mensuales / 'PESOS MIL OCHOCIENTOS OCHENTA Y TRES ($1.883) por hora'","url":"https://www.boletinoficial.gob.ar/detalleAviso/primera/335463/20251203"},"url":"https://latamref.dev/v1/ar/minimum-wage"},{"id":"public-holidays","name":"Public holidays (feriados nacionales)","description":"National public holidays for 2026: feriados inamovibles (fixed) and feriados trasladables (movable, shown at their 2026 observed dates) under the Ley 27.399 framework and the annual government calendar.","free":true,"stale":false,"last_confirmed":"2026-08-05","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Feriados nacionales 2026 — Jefatura de Gabinete de Ministros, Argentina.gob.ar (framework: Ley 27.399)","url":"https://www.argentina.gob.ar/jefatura/feriados-nacionales-2026"},"url":"https://latamref.dev/v1/ar/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-06-01","source":{"name":"INDEC IPC nacional, June 2026 — Variación % interanual Total nacional 33,5","url":"https://www.indec.gob.ar/uploads/informesdeprensa/ipc_07_26D38930EEA5.pdf"},"url":"https://latamref.dev/v1/ar/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ley de Impuesto a las Ganancias, art. 73 (escala de sociedades, Ley 27.630) — ARCA, Escala Personas Jurídicas 2026","url":"https://www.afip.gob.ar/gananciasYBienes/ganancias/personas-juridicas/determinacion/documentos/Ganancias-Escala-PJ-2026.pdf"},"url":"https://latamref.dev/v1/ar/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding taxes Argentina levies on payments to 'beneficiarios del exterior' (foreign beneficiaries) - dividends, interest, royalties, technical assistance and related heads - under the Ley de Impuesto a las Ganancias (LIG, texto ordenado 2019 by Decreto 824/2019), each at its domestic statutory rate before any tax-treaty relief. Administered by ARCA (formerly AFIP).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2021-01-01","source":{"name":"Ley de Impuesto a las Ganancias, t.o. 2019: art. 97 (7% on dividends, single and final payment), art. 102 (35% withholding on presumed net gain paid to beneficiarios del exterior), art. 104 (schedule of net-gain presumptions: 60%/80% technology-transfer, 35% copyright, 43% or 100% interest, 90% residual)","url":"https://servicios.infoleg.gob.ar/infolegInternet/anexos/330000-334999/332890/texact.htm"},"url":"https://latamref.dev/v1/ar/withholding-tax"},{"id":"statutory-interest","name":"Statutory default interest (intereses moratorios)","description":"Argentina fixes no statutory percentage: Art. 768 of the Código Civil y Comercial sets a cascade (contract, then special law, then rates fixed under Banco Central regulation), and since January 2026 the BCRA's daily Tasa de Intereses Moratorios fills the residual tier.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Código Civil y Comercial de la Nación (Ley 26.994) art. 768: 'Intereses moratorios. A partir de su mora el deudor debe los intereses correspondientes. La tasa se determina: a) por lo que acuerden las partes; b) por lo que dispongan las leyes especiales; c) en subsidio, por tasas que se fijen según las reglamentaciones del Banco Central'; BCRA Resolución 1/2026 (7 de enero de 2026, Boletín Oficial 9 de enero de 2026) creating the Tasa de Intereses Moratorios (TIM) as that subsidiary reference","url":"https://www.boletinoficial.gob.ar/detalleAviso/primera/337315/20260109"},"url":"https://latamref.dev/v1/ar/statutory-interest"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule (income bands and marginal rates) for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2026-01-01","source":{"name":"ARCA — Escala del art. 94 de la Ley de Impuesto a las Ganancias, régimen de retención, período enero a junio 2026 (RG 4.003; actualización IPC art. 73 Ley 27.743)","url":"https://www.afip.gob.ar/gananciasYBienes/ganancias/personas-humanas-sucesiones-indivisas/declaracion-jurada/documentos/Tabla-Art-94-LIG-per-ene-a-jun-2026.pdf"},"url":"https://latamref.dev/v1/ar/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Argentina (AR): employee and employer shares of each statutory branch, with the monthly-indexed contribution bases and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-08-01","source":{"name":"Ley 24.241 (Sistema Integrado de Jubilaciones y Pensiones), arts. 6, 7, 9 (texto según Ley 26.222), 10, 11 y 32 (sustituido por DNU 274/2024), texto actualizado InfoLeg; Ley 27.541 de Solidaridad Social y Reactivación Productiva (B.O. 23 de diciembre de 2019), arts. 19, 20, 21, 22, 23, 24, 25 y 26, texto actualizado InfoLeg; Ley 23.660 de Obras Sociales, art. 16 incs. a) y b) y notas de redacción (Ley 25.239, Ley 25.565, Ley 27.802), texto actualizado InfoLeg; Ley 23.661 (Sistema Nacional del Seguro de Salud), arts. 19-24 (Fondo Solidario de Redistribución); Ley 19.032 (INSSJP), art. 8; Ley 24.557 de Riesgos del Trabajo y Ley 27.348 complementaria; Decreto 1567/1974 (Seguro Colectivo de Vida Obligatorio); Ley 27.802 de Modernización Laboral (B.O. 6 de marzo de 2026), Título II (Fondo de Asistencia Laboral) y Régimen de Incentivo a la Formalización Laboral; Decreto 408/2026 (B.O. 1 de junio de 2026), reglamentación del Fondo de Asistencia Laboral, arts. 15 y 24; Resolución (ANSES) 232/2026 (B.O. 30 de julio de 2026) — bases imponibles mínima ARS 141.380,42 y máxima ARS 4.594.798,23 desde el período devengado agosto 2026; Resolución (ANSES) 139/2026 y Resolución (ANSES) 110/2026 (bases de junio y mayo de 2026); Ley de Impuesto a las Ganancias (t.o. 2019), arts. 82 inc. d) y 85 inc. d).","url":"https://servicios.infoleg.gob.ar/infolegInternet/anexos/330000-334999/333564/texact.htm"},"url":"https://latamref.dev/v1/ar/social-contributions"}]},{"country":"BB","name":"Barbados","currency":"BBD","series":[{"id":"policy-rate","name":"Central bank policy rate — none in operation (structural null)","description":"The Central Bank of Barbados does not operate a policy interest rate. Monetary policy is anchored on the fixed exchange rate of BDS$2.00 = US$1.00 (in place since 5 July 1975) and is executed through foreign-reserve management and balance-sheet/reserve-requirement instruments, not through an announced policy rate. There is therefore no rate to serve.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2015-04-21","source":{"name":"Central Bank of Barbados press release, 7 April 2015 — 'Central Bank of Barbados will no longer set a Minimum Rate on Savings Deposits' (effective 21 April 2015): with this decision the Bank 'completed the process of dismantling a regime of structured interest rates on loans and deposits which dates back to the Bank's earliest days', and now offers 'guidance on interest rates fully through the Central Bank's activity in the financial market, rather than by way of interest rate stipulations'","url":"https://www.centralbank.org.bb/news/general-press-release/central-bank-of-barbados-will-no-longer-set-a-minimum-rate-on-savings-deposits"},"url":"https://latamref.dev/v1/bb/policy-rate"},{"id":"vat","name":"VAT standard rate","description":"Value added tax standard rate under section 7(2) of the Value Added Tax Act, Cap. 87, administered by the Barbados Revenue Authority. Changed only by Act of Parliament (or by the limited ministerial order powers in the Act).","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2010-12-01","source":{"name":"Value Added Tax Act, Cap. 87, section 7(2) — 'The tax imposed by subsection (1) on a taxable supply of goods or services by a registrant is equal to 17.5 percent of the value of the supply' (BRA consolidated text of the Act and the VAT Regulations 1996, updated June 2016); corroborated by the BRA's Value Added Tax (VAT) Rates page","url":"https://bra.gov.bb/attachment?file=Attachments/VAT+Act-Updated+June+2016.pdf&name=THE+VALUE+ADDED+TAX+ACT,+CAP.+87+AND+THE+VALUE+ADDED+TAX+REGULATIONS"},"url":"https://latamref.dev/v1/bb/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT registration becomes compulsory in Barbados, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2016-01-01","source":{"name":"Value Added Tax Act, Cap. 87, s.33(1) as substituted by the Value Added Tax (Amendment) Act, 2017 (Supplement to Official Gazette No. 64, November 2017): a person is a small supplier throughout a month where 'the total value of all taxable supplies, other than sales of goods that are capital property of the person, made by the person and his associates in the twelve-month period ending immediately before the beginning of the particular month is less than $200 000' (s.33(1)(a)), or, for a person trading under 12 months, where the average monthly value of taxable supplies 'is less than $16 667' (s.33(1)(b)). s.34(3): a person who makes a taxable supply 'other than a person who is a small supplier at the time the supply is made, shall, within 21 days after making the supply, apply to the Comptroller to be registered'. Commencement s.6(1) of the 2017 Act: ss.2-4 'shall be deemed to take effect from the 1st day of January, 2016'. Administered by the Barbados Revenue Authority (BRA): 'Persons whose annual income is $200,000 or more' or 'monthly revenue is greater than $16,666.67' must register.","url":"https://bra.gov.bb/Popular-Topics/Value-Added-Tax/Who-Must-Register-for-VAT"},"url":"https://latamref.dev/v1/bb/vat-registration-threshold"},{"id":"minimum-wage","name":"National minimum wage","description":"The national minimum wage fixed by Order of the Minister responsible for Labour under section 6(1) of the Minimum Wage Act, 2017 (Act 2017-4), published as a Statutory Instrument in the Official Gazette. A single national rate applies to all employees, plus one sectoral rate (security guards).","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2026-01-21","source":{"name":"Minimum Wage (National and Sectoral Minimum Wage) Order, 2026 — S.I. 2026 No. 43, made under s.6(1) Minimum Wage Act, 2017 (Act 2017-4), made by Minister Colin Jordan on 20 January 2026, published in the Official Gazette VOL. CLXI No. 10 of 20 January 2026 (Part A), First Schedule","url":"https://www.barbadosparliament.com/uploads/gazette/Gazette_January_20_2026_Part_A_VOL_CLXI_No_10_w_SIs_42_&_43.pdf"},"url":"https://latamref.dev/v1/bb/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Public holidays observed in Barbados under the Public Holidays Act, Cap. 352, as published annually by the Ministry of Labour, Social Security and the Third Sector. Calendar year 2026.","free":true,"stale":false,"last_confirmed":"2026-09-08","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ministry of Labour, Social Security and the Third Sector — 'Public Holidays for the Year 2026' (official list of holidays to be observed in Barbados in 2026)","url":"https://labour.gov.bb/wp-content/uploads/2026/04/Public-Holidays-for-the-Year-2026.pdf"},"url":"https://latamref.dev/v1/bb/public-holidays"},{"id":"cpi","name":"Inflation (point-to-point, year-on-year)","description":"Point-to-point (12-month) change in the all-items Retail Price Index compiled by the Barbados Statistical Service. Barbados' official consumer price measure is the RPI (base July 2018 = 100 since the January 2023 rebasing), not a 'CPI'; the BSS and the Central Bank also headline a 12-month moving average inflation rate.","free":false,"stale":false,"last_confirmed":"2026-09-08","confidence":"primary","effective_from":"2026-02-01","source":{"name":"Central Bank of Barbados — Review of Barbados' Economy: January-March 2026 (published 29 April 2026): 'point-to-point inflation rose to 1.3 percent in February 2026 from a decline of 0.3 percent in February 2025'; underlying index produced by the Barbados Statistical Service","url":"https://www.centralbank.org.bb/news/economic-reviews/economic-review-january-march-2026"},"url":"https://latamref.dev/v1/bb/cpi"},{"id":"corporate-tax","name":"Corporation tax rate","description":"Standard rate of corporation tax on the taxable income of a company, section 43(8) of the Income Tax Act, Cap. 73, as inserted by the Income Tax (Amendment and Validation) Act, 2024-15. Administered by the Barbados Revenue Authority.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2024-01-01","source":{"name":"Income Tax (Amendment and Validation) Act, 2024-15 (gazetted 24 May 2024), section 6, inserting section 43(8) into the Income Tax Act, Cap. 73: 'With effect from income year 2024, commencing 1st January, 2024, the tax payable by a company upon its taxable income shall be 9 per cent'","url":"https://bra.gov.bb/attachment?file=Attachments%2fIncome+Tax+(Amendment+and+Validation)+Act%2c+2024-15.pdf"},"url":"https://latamref.dev/v1/bb/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding taxes Barbados applies to payments to non-residents under the Income Tax Act, Cap. 73 - now largely dismantled: 5% on dividends paid out of Barbados-source income (0% out of foreign-source income), and 0% on interest, royalties and management fees since the 2019 tax reform - each at its domestic statutory rate before any double-tax agreement relief. Administered by the Barbados Revenue Authority (BRA).","free":false,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":"2019-04-01","source":{"name":"PwC Worldwide Tax Summaries - Barbados, Corporate: Withholding taxes (reviewed 2026): dividends 5% on distributions out of Barbados-source income (reduced from 15% effective 1 January 2019), 0% if paid out of income earned from sources outside Barbados; 'Effective 1 April 2019, interest paid to a non-resident is not subject to withholding tax in Barbados'; likewise royalties effective 1 April 2019; corroborated by Barbados Revenue Authority, Withholding Tax page","url":"https://bra.gov.bb/attachment?file=Attachments%2FIncome+Tax+%28Amendment%29+%28No.+3%29+Act%2C+2018-54.pdf&name=Income+Tax+%28Amendment%29+Act%2C+2018-54"},"url":"https://latamref.dev/v1/bb/withholding-tax"},{"id":"statutory-interest","name":"Statutory interest on judgment debts","description":"Barbados fixes no statutory interest percentage. Section 35(5) of the Supreme Court of Judicature Act, Cap. 117A requires the Court to award interest on a judgment debt 'at such rate as may be prescribed by rules of court', and the Supreme Court (Civil Procedure) Rules 2008 define that rate only by cross-reference to an enactment that fixes no figure — so there is no number to serve.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Supreme Court of Judicature Act, Cap. 117A (Barbados), s. 35(5): 'The Court shall award interest at such rate as may be prescribed by rules of court on (a) a judgment debt or on such part thereof as for the time being remains unsatisfied from the date of judgment until satisfaction; (b) costs from the date that such costs are ascertained or taxed until payment is made'; Supreme Court (Civil Procedure) Rules, 2008, r. 2.4: '\"statutory rate of interest\" means the rate of interest on judgment debts that may be prescribed under any relevant enactment', and r. 46.4(2): 'The rate of interest payable on a judgment debt is the prescribed rate of interest unless the court has directed that some other rate shall apply'","url":"https://www.barbadoslawcourts.gov.bb/assets/content/pdfs/statutes/SupremeCourtofJudicatureCAP117A.pdf"},"url":"https://latamref.dev/v1/bb/statutory-interest"},{"id":"income-tax","name":"Personal income tax rates","description":"Rates of income tax on the taxable income of resident individuals under the Income Tax Act, Cap. 73, as applied by the Barbados Revenue Authority for income year 2026. Two marginal rates apply above a basic personal allowance.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Barbados Revenue Authority, Policy Note OGC No. 001/2026 (April 2026), 'Personal Income Tax — Reduction of Personal Income Tax Rates', Income Tax Act, Cap. 73, giving effect to the Budgetary Proposals and Financial Statement 2026/2027 announced by the Minister of Finance, Ryan Straughn M.P., on 16 March 2026","url":"https://bra.gov.bb/attachment?file=Attachments%2fPolicy+Note+2026_Reduction+in+Personal+Income+Tax+Rates_April+2026.pdf&name=Policy+Note+2026_Reduction+in+Personal+Income+Tax+Rates_April+2026"},"url":"https://latamref.dev/v1/bb/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Barbados (BB): employee and employer shares of each statutory branch of the National Insurance and Social Security scheme, with the insurable-earnings ceiling and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-01-01","source":{"name":"National Insurance Department (National Insurance and Social Security Service), Barbados — official Schedule of Contribution Rates by employment category, category \"R\" Private Sector Employees, operative 1 April 2025; official notice \"Increase in Earnings Ceiling 2026\" (ceiling BBD 5,360 monthly / BBD 1,238 weekly from 1 January 2026, weekly-paid from 5 January 2026, rates unchanged); official notice \"Implementation of Resilience and Regeneration Fund\" (0.25% on gross wages and salaries, no earnings ceiling, from 1 April 2025). Underlying statutes: National Insurance and Social Security Act, Cap. 47 (Laws of Barbados) and the contribution regulations made under it; Severance Payments Act; the Training Levy; the Health Service Contribution in force from 1 October 2018.","url":"https://www.nis.gov.bb/contribution-rates/"},"url":"https://latamref.dev/v1/bb/social-contributions"}]},{"country":"BO","name":"Bolivia","currency":"BOB","series":[{"id":"policy-rate","name":"BCB policy rate (none — quantity-targeted monetary regulation)","description":"Banco Central de Bolivia (BCB) policy interest rate. Bolivia has never announced a single conventional policy rate: under its charter (Ley 1670 of 31 Oct 1995) the BCB conducts monetary policy through a quantitative Programa Monetario — flow targets for emisión monetaria, crédito interno neto and reservas internacionales netas — executed with open-market operations (letras/bonos de regulación monetaria), encaje legal (reserve requirements) and collateralized repo/liquidity windows (Fondo RAL). No policy interest rate exists to serve.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"1995-10-31","source":{"name":"Banco Central de Bolivia — Programa Monetario Modificado 2026 (La Paz, 10 de julio de 2026)","url":"https://www.bcb.gob.bo/webdocs/Documentos%20Adjuntos/Programa_Monetario_modificado_2026_0.pdf"},"url":"https://latamref.dev/v1/bo/policy-rate"},{"id":"vat","name":"IVA standard rate (levied 'por dentro')","description":"Impuesto al Valor Agregado (IVA), alícuota general única under Título I of Ley 843, administered by the Servicio de Impuestos Nacionales (SIN). Uniquely, the statutory 13% applies to a tax-INCLUSIVE base ('por dentro'): Art. 5 makes the tax an integral part of the invoiced price.","free":false,"stale":false,"last_confirmed":"2026-09-09","confidence":"primary","effective_from":"1992-02-27","source":{"name":"Ley N° 843, Arts. 5 y 15 (texto ordenado) — alícuota 13% desde la Ley N° 1314 de 27 de febrero de 1992","url":"https://www.lexivox.org/norms/BO-L-843R2.html"},"url":"https://latamref.dev/v1/bo/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT (IVA) registration becomes compulsory in Bolivia, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-09-09","confidence":"primary","effective_from":null,"source":{"name":"Ley N° 843 (Texto Ordenado), Título I — Impuesto al Valor Agregado, arts. 1-3. Art. 3: \"Son sujetos pasivos del impuesto quienes: a) en forma habitual se dediquen a la venta de bienes muebles; ...\" ('taxable persons are those who habitually engage in the sale of movable goods...', plus works contracts, services, imports). Liability attaches by ACTIVITY (habitualidad), never by size — no turnover figure appears anywhere in the IVA title. Registration in the SIN's Padrón Nacional de Contribuyentes (NIT) is required before starting taxed activity. Near-threshold instrument: DS 24484 (29 Jan 1997) as amended by DS 27924 (2004) and DS 3698 (25 Oct 2018).","url":"https://www.lexivox.org/norms/BO-L-843.html"},"url":"https://latamref.dev/v1/bo/vat-registration-threshold"},{"id":"minimum-wage","name":"Salario Mínimo Nacional (SMN), monthly","description":"Salario Mínimo Nacional — single national statutory wage floor in bolivianos per month, applicable to public and private sectors, set by Decreto Supremo with retroactive effect to 1 January of the year. Bolivia has one national floor (no regional or sectoral minimum-wage matrix).","free":false,"stale":false,"last_confirmed":"2026-09-10","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Decreto Supremo N° 5516 (13 de enero de 2026), Art. 23 — SMN 2026 = Bs 3.300; reglamentado por Resolución Ministerial MTEPS N° 088/26","url":"https://mintrabajo.gob.bo/index.php/nota_prensa/la-paz-32/"},"url":"https://latamref.dev/v1/bo/minimum-wage"},{"id":"public-holidays","name":"Public holidays (feriados nacionales)","description":"National holidays with suspension of public and private activities for calendar 2026, per DS 2750 (1 May 2016) Art. 2 (as amended by DS 5019 of 13 Sep 2023), DS 173 (17 Jun 2009, 21 June holiday), with the 2026-specific moves and two additional one-off holidays decreed by DS 5521 (13 Jan 2026) applied. Departmental and municipal holidays excluded.","free":true,"stale":false,"last_confirmed":"2026-09-09","confidence":"primary","effective_from":"2026-01-01","source":{"name":"DS 2750 (01-may-2016) Art. 2 mod. DS 5019 (13-sep-2023); DS 173 (17-jun-2009); DS 5521 (13-ene-2026: traslados y feriados adicionales gestión 2026) — Ministerio de Turismo Sostenible, Culturas, Folklore y Gastronomía","url":"https://www.turismoyculturas.gob.bo/nota_prensa/feriados-nacionales-2026-para-incentivar-el-turismo/"},"url":"https://latamref.dev/v1/bo/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month. Producer: Instituto Nacional de Estadística (INE), IPC base 2016=100; series also republished on the Banco Central de Bolivia's 'Indicadores de Inflación' page.","free":false,"stale":false,"last_confirmed":"2026-09-10","confidence":"primary","effective_from":"2026-06-01","source":{"name":"INE Bolivia — IPC junio 2026 (base 2016=100), variación a 12 meses 9,23%; verified on BCB 'Indicadores de Inflación' (republishes the INE series)","url":"https://www.bcb.gob.bo/?q=indicadores_inflacion"},"url":"https://latamref.dev/v1/bo/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate (IUE)","description":"Impuesto sobre las Utilidades de las Empresas (IUE) — annual tax on net taxable profits of enterprises, Ley 843 Título III, Art. 50; administered by the SIN.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"1995-01-01","source":{"name":"Ley N° 843, Art. 50 (texto ordenado) — IUE 25% (introduced by Ley N° 1606 de 22-dic-1994, applicable from gestión 1995)","url":"https://www.lexivox.org/norms/BO-L-843R2.html"},"url":"https://latamref.dev/v1/bo/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding tax Bolivia levies on payments of Bolivian-source income to beneficiaries abroad (IUE-BE, Impuesto sobre las Utilidades de las Empresas - Beneficiarios del Exterior): a single uniform regime under article 51 of Ley 843 covering dividends, interest, royalties and services at an effective 12.5% of the gross amount, plus a reduced effective 2.5% for activities only partially performed in Bolivia. Domestic statutory rates before any double-tax treaty relief. Administered by the Servicio de Impuestos Nacionales (SIN).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"1995-01-01","source":{"name":"Ley 843 (Texto Ordenado), articulo 51, as restated verbatim in SIN Resolucion Normativa de Directorio N. 101800000015 (8 June 2018): 'cuando se paguen rentas de fuente boliviana a beneficiarios del exterior, se presumira, sin admitir prueba en contrario, que la utilidad neta gravada sera equivalente al 50% (cincuenta por ciento) del monto total pagado o remesado, sobre dicha Base Imponible se aplica la alicuota del 25% (veinticinco por ciento) del Impuesto sobre las Utilidades de las Empresas' - English: when Bolivian-source income is paid to beneficiaries abroad, the taxable net profit is irrebuttably presumed to be 50% of the total amount paid or remitted, and the 25% IUE rate is applied to that base (i.e. 12.5% effective on the gross amount), withheld as a single and final payment.","url":"https://www.impuestos.gob.bo/wp-content/uploads/2025/10/RND-101800000015.pdf"},"url":"https://latamref.dev/v1/bo/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"Bolivia's legal interest: a fixed 6% per annum under Art. 414 of the Código Civil, running from the day of default whenever no conventional rate was agreed in writing.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"1976-04-02","source":{"name":"Código Civil (Decreto Ley 12760 de 6 de agosto de 1975), art. 414 (Interés legal): 'El interés legal es del seis por ciento anual. Rige a falta del convencional desde el día de la mora' (legal interest is six per cent per annum; it applies, absent a conventional rate, from the day of default)","url":"http://www.gacetaoficialdebolivia.gob.bo/normas/buscar/12760"},"url":"https://latamref.dev/v1/bo/statutory-interest"},{"id":"income-tax","name":"Personal income tax (RC-IVA, flat)","description":"Bolivia has no progressive personal income tax. The personal-income levy is the Régimen Complementario al Impuesto al Valor Agregado (RC-IVA), Ley 843 Título II (Arts. 19-33): a flat 13% on personal income designed to enforce VAT invoicing, with IVA-invoice credits that can reduce the liability to zero. Represented as a single 13% band in the statute's native monthly BOB terms.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"1992-02-27","source":{"name":"Ley N° 843, Título II (RC-IVA), Arts. 19, 26, 30 y 31 (texto ordenado) — alícuota 13% (Art. 30, elevada de 10% a 13% por Ley N° 1314 de 27-feb-1992); reglamento D.S. N° 21531","url":"https://www.lexivox.org/norms/BO-L-843R2.html"},"url":"https://latamref.dev/v1/bo/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Bolivia (BO): employee and employer shares of each statutory branch of the Sistema Integral de Pensiones and the short-term social-security schemes, with the solidarity brackets and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ley N° 065 de 10 de diciembre de 2010, Ley de Pensiones, arts. 83 (financiamiento de los riesgos y corte a los 65 años), 87 (financiamiento del Fondo Solidario: 20 % de las primas, 0,5 % Aporte Solidario del Asegurado, 3 % Aporte Patronal Solidario, 2 % adicional del Sector Minero Metalúrgico y los tramos del Aporte Nacional Solidario sobre el Total Solidario de Bs13.000, Bs25.000 y Bs35.000, actualizables cada cinco años), 88 (10 % al Fondo de Ahorro Previsional), 91 (obligaciones del Empleador: retención y pago con recursos propios de la Prima por Riesgo Profesional y del Aporte Patronal Solidario), 95 (Declaración Jurada Previsional desde Bs13.000), 96 (plazos de pago y declaración del Aporte Nacional Solidario ante el Servicio de Impuestos Nacionales) y 151 inc. a) (Comisión del 0,5 %, revisable cada tres años) — texto oficial publicado por el Banco Central de Bolivia; Ley N° 1582 de 1 de octubre de 2024 (elevación de los porcentajes del Aporte Nacional Solidario a 1,15 %, 5,74 % y 11,48 % y mejora de la Prestación Solidaria de Vejez); Código de Seguridad Social (Ley de 14 de diciembre de 1956) y Decreto Supremo N° 21637 de 25 de junio de 1987 (aporte patronal del 10 % a la Caja de Salud y del 2 % para vivienda); Decreto Supremo N° 5516, Gaceta Oficial de 13 de enero de 2026 (Salario Mínimo Nacional Bs 3.300, retroactivo al 1 de enero de 2026), reglamentado por la Resolución Ministerial 088/26.","url":"https://www.bcb.gob.bo/webdocs/normativa/2010%20-%20LEY%200065%20-%20Pensiones.pdf"},"url":"https://latamref.dev/v1/bo/social-contributions"}]},{"country":"BR","name":"Brazil","currency":"BRL","series":[{"id":"policy-rate","name":"Banco Central do Brasil taxa Selic meta","description":"Selic target rate (meta para a taxa Selic) set by the Comitê de Política Monetária (Copom) of the Banco Central do Brasil. Effective the business day after each Copom decision.","free":true,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-08-06","source":{"name":"Copom, 280ª reunião (4-5 August 2026): 'Copom reduz a taxa Selic para 14,00% a.a.' — 25bp cut effective 6 August 2026; corroborated by SGS series 432 (Meta Selic), which steps from 14.25 to 14.00 on 06/08/2026","url":"https://www.bcb.gov.br/controleinflacao/historicotaxasjuros"},"url":"https://latamref.dev/v1/br/policy-rate"},{"id":"statutory-interest","name":"Statutory legal interest (taxa legal)","description":"Brazil's legal interest under Código Civil art. 406 as amended by Lei 14.905/2024: the Selic rate minus the IPCA monetary-correction index, floored at zero, computed and published monthly by the BCB — 1.154527% per month for August 2026.","free":true,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-08-01","source":{"name":"Código Civil art. 406 §1º (Lei 14.905/2024, in force 30 August 2024): 'A taxa legal corresponderá à taxa referencial do Sistema Especial de Liquidação e de Custódia (Selic), deduzido o índice de atualização monetária' — methodology Resolução CMN 5.171/2024; published by the BCB as SGS series 29543","url":"https://www.planalto.gov.br/ccivil_03/_ato2023-2026/2024/lei/l14905.htm"},"url":"https://latamref.dev/v1/br/statutory-interest"},{"id":"vat","name":"Consumption tax (no single VAT; fragmented system in dual-VAT transition)","description":"Brazil has no single VAT. Consumption taxation is fragmented across federal (IPI, PIS, COFINS), state (ICMS) and municipal (ISS) taxes. EC 132/2023, regulated by LC 214/2025, is introducing a dual VAT — CBS (federal) plus IBS (state/municipal) — phased in from 2026, with 2026 a test year at token rates.","free":true,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Lei Complementar nº 214, de 16 de janeiro de 2025 (regulamenta a Reforma Tributária / EC 132/2023) — Arts. 343 e 346 — Planalto","url":"https://www.planalto.gov.br/ccivil_03/leis/lcp/lcp214.htm"},"url":"https://latamref.dev/v1/br/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Brazil, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":true,"stale":false,"last_confirmed":"2026-08-08","confidence":"primary","effective_from":null,"source":{"name":"Planalto official consolidated text of LC 214/2025: art. 21 § 1º \"O contribuinte de que trata o caput deste artigo é obrigado a se inscrever nos cadastros relativos ao IBS e à CBS\"; art. 26 IV excludes the \"nanoempreendedor, assim entendido a pessoa física que tenha auferido receita bruta inferior a 50% (cinquenta por cento) do limite estabelecido para adesão ao regime do MEI\"","url":"https://www.planalto.gov.br/ccivil_03/leis/lcp/lcp214.htm"},"url":"https://latamref.dev/v1/br/vat-registration-threshold"},{"id":"minimum-wage","name":"Salário mínimo nacional","description":"National monthly minimum wage (salário mínimo), set annually by federal decree, effective 1 January.","free":true,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Decreto nº 12.797, de 2025 (dispõe sobre o valor do salário mínimo a vigorar a partir de 1º de janeiro de 2026) — Planalto","url":"https://www.planalto.gov.br/ccivil_03/_ato2023-2026/2025/decreto/d12797.htm"},"url":"https://latamref.dev/v1/br/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"National statutory holidays (feriados nacionais) of Brazil. Set by federal law (Lei nº 662/1949 and others) and consolidated for federal administration each year by a Ministério da Gestão portaria. Excludes optional federal 'pontos facultativos' (Carnaval, Corpus Christi) and state/municipal holidays.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ministério da Gestão e da Inovação em Serviços Públicos — Portaria MGI nº 11.460 (feriados nacionais e pontos facultativos de 2026, DOU de 30/12/2025)","url":"https://www.gov.br/gestao/pt-br/assuntos/noticias/2025/dezembro/confira-o-calendario-oficial-de-feriados-nacionais-e-pontos-facultativos-em-2026"},"url":"https://latamref.dev/v1/br/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":true,"stale":false,"last_confirmed":"2026-09-11","confidence":"primary","effective_from":"2026-07-01","source":{"name":"IBGE SIDRA. June same API 4.64.","url":"https://apisidra.ibge.gov.br/values/t/1737/n1/all/v/2265/p/202607/d/v2265%202"},"url":"https://latamref.dev/v1/br/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":true,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"1996-01-01","source":{"name":"Lei nº 9.249, de 26 de dezembro de 1995 (IRPJ, arts. 3º e 19 CSLL) — Planalto","url":"https://www.planalto.gov.br/ccivil_03/leis/l9249.htm"},"url":"https://latamref.dev/v1/br/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding income tax (IRRF) Brazil levies on payments, credits or remittances to persons resident or domiciled abroad - dividends, interest, royalties and services - each at its domestic statutory rate before any tax-treaty relief. Consolidated in the RIR/2018 (Decreto 9.580/2018) with the rates set by law (Lei 9.249/1995, Lei 9.481/1997, Lei 9.779/1999, MP 2.159-70/2001, Lei 15.270/2025); administered by the Receita Federal.","free":true,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Lei 15.270/2025 (dividends to non-residents, 10% IRRF from 1 January 2026); Lei 9.779/1999 art. 8 ('os rendimentos decorrentes de qualquer operação, em que o beneficiário seja residente ou domiciliado em país que não tribute a renda ou que a tribute à alíquota máxima inferior a vinte por cento... sujeitam-se à incidência do imposto de renda na fonte à alíquota de vinte e cinco por cento'); MP 2.159-70/2001 art. 3 (royalties and technical services 15%); RIR/2018 (Decreto 9.580/2018) art. 744 (interest 15%)","url":"https://www.planalto.gov.br/ccivil_03/_ato2023-2026/2025/lei/L15270.htm"},"url":"https://latamref.dev/v1/br/withholding-tax"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule (income bands and marginal rates) for resident individuals, from the national tax authority.","free":true,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Receita Federal — Tabela progressiva mensal do IRPF vigente a partir de janeiro de 2026 (Lei nº 15.191/2025; redutor da Lei nº 15.270/2025)","url":"https://www.gov.br/receitafederal/pt-br/assuntos/meu-imposto-de-renda/tabelas/2026"},"url":"https://latamref.dev/v1/br/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Brazil (BR): employee and employer shares of each statutory branch, with the ceilings and the instrument fixing each rate.","free":true,"stale":false,"last_confirmed":"2026-08-08","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Portaria Interministerial MPS/MF nº 13, de 9 de janeiro de 2026, art. 2º (floor R$ 1.621,00 / teto R$ 8.475,55), art. 4º (salário-família), art. 7º + Anexo II (progressive band table), arts. 12–13, DOU de 12/01/2026, Edição 7, Seção 1, p. 58; Emenda Constitucional nº 103/2019, art. 28 caput I–IV and §§1º–2º; Lei nº 8.212/1991, art. 20 (superseded), art. 22 I/II/III and §§1º, 17, 18, art. 28 §§3º, 5º, 7º, 9º, art. 30 I 'a'; Lei nº 15.371, de 31 de março de 2026, arts. 7º, 11 and 14 (salário-paternidade; in force 1 Jan 2027); Decreto nº 3.048/1999, art. 202 and §§1º–4º, art. 202-A (FAP), art. 216 §1º, art. 274, Anexo V; Lei nº 10.666/2003, art. 10; Portaria Interministerial MPS/MF nº 10, de 10/09/2025 (FAP for 2026); Lei nº 9.424/1996, art. 15 (salário-educação 2,5%); Instrução Normativa RFB nº 2.110/2022, art. 85, Anexo I (CNAE risk grades), Anexo II (FPAS codes by activity) and Anexo III (Tabela de Alíquotas por Códigos FPAS), Anexo III in the redação dada pela IN RFB nº 2.321, de 6 de abril de 2026; Lei Complementar nº 123/2006, art. 13 VI and §3º; Lei nº 8.029/1990, art. 8º §3º; Lei nº 8.036/1990, art. 15 caput and §§6º–7º, art. 18 §1º; Lei nº 13.932/2019, art. 12; Lei nº 9.250/1995, art. 4º IV and art. 8º II 'd'; Decreto nº 12.797, de 23/12/2025 (salário mínimo R$ 1.621,00); Lei nº 14.973/2024, art. 1º (CPRB transition 2025–2027)","url":"https://www.gov.br/inss/pt-br/direitos-e-deveres/inscricao-e-contribuicao/tabela-de-contribuicao-mensal"},"url":"https://latamref.dev/v1/br/social-contributions"},{"id":"fx-reference","name":"BCB reference exchange rates (PTAX)","description":"Official reference exchange rates for the Brazilian real, from the Banco Central do Brasil PTAX (daily closing sell rate).","free":true,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-09-14","source":{"name":"Banco Central do Brasil — PTAX closing sell rate (cotação de venda), BCB open-data API (Olinda), fix of 2026-09-14","url":"https://www.bcb.gov.br/estabilidadefinanceira/historicocotacoes"},"url":"https://latamref.dev/v1/br/fx-reference"}]},{"country":"BZ","name":"Belize","currency":"BZD","series":[{"id":"policy-rate","name":"Policy interest rate — NONE (structural null; the BZ$2 : US$1 peg is the nominal anchor)","description":"Belize has no monetary policy interest rate. The Central Bank of Belize (CBB), acting under the Central Bank of Belize Act (in force 1 January 1982), pursues 'monetary stability, especially stability of the exchange rate' by defending a fixed parity of BZ$2.00 = US$1.00 in place since May 1976, and conducts policy through quantity instruments — primary (cash) and secondary reserve requirements, a securities (Treasury-bill holding) requirement and management of the monetary base — not through an announced policy rate. There is therefore no rate-setting meeting, no decision calendar and no communiqué series to track.","free":false,"stale":false,"last_confirmed":"2026-09-12","confidence":"primary","effective_from":"1976-05-01","source":{"name":"Central Bank of Belize — 'Monetary Policy' and 'Monetary Policy Tools' (core-functions pages, official CBB website): 'Since May 1976, Belize has maintained a fixed exchange rate of BZ$2.00 to US$1.00'; policy operates by 'targeting commercial banks' liquidity through the Bank's management of the monetary base (reserve balances)', with 'adjustments in the monetary base, particularly through the manipulation of reserve requirements (a major instrument of monetary policy)'; on interest rates, 'the Bank does not set any interest rate levied by domestic banks except for the minimum interest rate payable on savings deposits' and 'has opted not to use this as a tool of monetary policy but to let market forces determine interest rate'","url":"https://www.centralbank.org.bz/home/core-functions/monetary-policy/monetary-policy-tools"},"url":"https://latamref.dev/v1/bz/policy-rate"},{"id":"vat","name":"General Sales Tax (GST) standard rate","description":"Belize levies a VAT-type credit-invoice tax called the General Sales Tax under the General Sales Tax Act, Chapter 63 of the Substantive Laws of Belize (Revised Edition 2020). Section 8 charges GST on taxable importations and taxable supplies; section 9 fixes the rate. Administered by the Belize Tax Service Department (BTS) under the Ministry of Finance.","free":false,"stale":false,"last_confirmed":"2026-09-13","confidence":"primary","effective_from":"2010-04-01","source":{"name":"General Sales Tax Act, Cap. 63, section 9(1) — 'The rate of GST applicable to a taxable supply or importation is, (a) if the supply or import is zero-rated under the First Schedule, the Second Schedule or the Third Schedule, 0%; or (b) in any other case, 12.5%.' The 12.5% figure was substituted by Act No. 15 of 2010 (marginal note to s.9). Statute text: official Belize Tax Service compilation of Cap. 63 CITATION NOTE (2026-08-05): the Belize Tax Service site was rebuilt as a single-page app and the former /wp-content/ path now returns the app shell with HTTP 200 rather than 404. Same Act, relocated to the site's media host.","url":"https://media.bts.gov.bz/uploads/General_Sales_Tax_Act_2011_f573a52314.pdf"},"url":"https://latamref.dev/v1/bz/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Belize, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-09-13","confidence":"primary","effective_from":"2011-12-31","source":{"name":"General Sales Tax Act, Chapter 63 of the Substantive Laws of Belize, Revised Edition 2011 (showing the law as at 31 December 2011), ss.22-23. s.22(1): 'A person who on or after the appointed day meets or exceeds the registration limits set out in section 23 of this Act is required to be registered.' s.23(1)(a): a person meets or exceeds the limits where, on the last day of any month, '(i) during the period of twelve months ending on that day, the value of supplies made by the person was seventy-five thousand dollars or more; and (ii) there are reasonable grounds for believing that the value of the person's supplies during the period of twelve months commencing with the first day of that month will be seventy-five thousand dollars or more', or (b) purely on forward expectation for the coming twelve months. s.22(3): application to the Commissioner 'within one month of the day on which the person first becomes required to be registered.'","url":"https://media.bts.gov.bz/uploads/General_Sales_Tax_Act_2011_f573a52314.pdf"},"url":"https://latamref.dev/v1/bz/vat-registration-threshold"},{"id":"minimum-wage","name":"National minimum wage (hourly)","description":"Single national hourly minimum wage covering all categories of workers, fixed by Order of the Minister of Labour under the Wages Council Act / Labour Act (Cap. 297) machinery on the recommendation of the Wages Councils. Belize has no regional or sectoral differentiation of the floor since 1 January 2023: the previously separate rates for shop assistants, domestic workers, agricultural/manual workers and export-industry workers were consolidated to a single rate.","free":false,"stale":false,"last_confirmed":"2026-09-09","confidence":"primary","effective_from":"2023-01-01","source":{"name":"Wages Council (Wages Regulation) (Consolidation) (Amendment) Order, 2022 — Statutory Instrument No. 169 of 2022; and Wages Regulation (Manual Workers) (Amendment) Order, 2022 — Statutory Instrument No. 170 of 2022, which together raised the minimum wage for all categories of workers to BZ$5.00 per hour with effect from 1 January 2023 (Government of Belize Press Office official notice, 23 December 2022)","url":"https://www.pressoffice.gov.bz/minimum-wage-increases-for-all-categories-of-workers/"},"url":"https://latamref.dev/v1/bz/minimum-wage"},{"id":"public-holidays","name":"Public and bank holidays","description":"Public and bank holidays specified in the First and Second Schedules to the Holidays Act, Chapter 289 of the Laws of Belize (Revised Edition 2011), observed in accordance with section 3 of that Act. The Ministry responsible (Home Affairs and New Growth Industries) notifies the observance dates for each calendar year by press notice in advance.","free":true,"stale":false,"last_confirmed":"2026-09-09","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Government of Belize Press Office, Press Release PR#218-25, 'Public and Bank Holidays 2026', Belmopan, 6 November 2025 — 'IT IS NOTIFIED for general information that public and bank holidays specified in the First and Second Schedules to Holidays Act, Chapter 289 of the Laws of Belize, Revised Edition 2011, will be observed on the following days during the year 2026 in accordance with section 3 of the said Act'","url":"https://www.pressoffice.gov.bz/wp-content/uploads/2025/11/Nov-6-PR218-25-Public-and-Bank-Holidays-2026.pdf"},"url":"https://latamref.dev/v1/bz/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline All-Items consumer price inflation, year-on-year percent, latest published reference month, from the Statistical Institute of Belize (SIB), the national statistics office. SIB publishes CPI in a combined monthly economic press release, typically in the last week of the following month.","free":false,"stale":false,"last_confirmed":"2026-09-09","confidence":"primary","effective_from":"2026-05-01","source":{"name":"Statistical Institute of Belize — press release of 24 June 2026, 'Unemployment rate at 1.9 percent in April 2026, Belize's economy grows by 5.1 percent in the first quarter 2026, and inflation up 4.3 percent in May 2026': 'the All-Items CPI, which summarizes price levels across all categories of consumer goods and services, stood at 124.8. This marked an increase from 119.6 in May 2025, reflecting a national ... inflation rate of 4.3 percent'","url":"https://sib.org.bz/press-release-2026-06-24/"},"url":"https://latamref.dev/v1/bz/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate — NONE (structural null; Belize levies a gross-receipts business tax instead)","description":"Belize does not impose a corporate income tax on company profits. Since basis year 2020, section 6(2) of the Income and Business Tax Act, Cap. 55, charges income tax ONLY on the chargeable income of employed persons; companies and all other non-employed persons are outside the income-tax charge entirely. Companies instead pay 'business tax' under Part XI of the same Act — a turnover levy on gross receipts at schedule rates, with no deduction for costs and no relationship to profit.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Income and Business Tax Act, Cap. 55, section 6(2) as repealed and replaced by section 3 of the Income and Business Tax (Amendment) Act, No. 40 of 2024 (assented 11 Dec 2024, gazetted 14 Dec 2024, in force 1 Jan 2025): 'Commencing from the first day of the basis year 2020 and for each subsequent year, no tax shall be charged upon the chargeable income of any person other than an employed person.' Business tax is imposed separately by s.106 at the rates in Schedule IX per s.107(1)","url":"https://www.nationalassembly.gov.bz/wp-content/uploads/2024/12/Act-No.-40-of-2024-Income-and-Business-Tax-Amendment-Act-2024.pdf"},"url":"https://latamref.dev/v1/bz/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The taxes Belize requires payers to deduct from payments to non-residents under the Income and Business Tax Act, Cap. 55 - 15% on dividends and interest, 25% on management fees, rentals of plant and equipment, technical services and insurance premiums - each at its domestic statutory rate before any double-tax agreement relief. Administered by the Belize Tax Service.","free":false,"stale":false,"last_confirmed":"2026-09-09","confidence":"primary","effective_from":null,"source":{"name":"Income and Business Tax Act, Cap. 55, Substantive Laws of Belize, Revised Edition 2020 (showing the substantive laws as at 31st December, 2020), s. 113 'Miscellaneous taxes' - s. 113(3): every person who pays 'any management fees, rental of plant or equipment, or charges for technical services and insurance premium to a non-resident shall deduct therefrom tax at the rate of twenty-five percent of such payment'; s. 113(4): 'Every person who pays interest on loans to a non-resident shall deduct therefrom tax at the rate of fifteen percent of such payment'; s. 113(2): every company which pays dividend shall deduct 'tax at the rate specified in Schedule IX', which at paragraph (h) sets 15%. Prepared by the Law Revision Commissioner and printed by authority of the Government of Belize; published by the Attorney General's Ministry","url":"https://www.agm.gov.bz/uploads/laws/63976e6032352_Cap_55_Income_and_Business_Tax_Act.pdf"},"url":"https://latamref.dev/v1/bz/withholding-tax"},{"id":"statutory-interest","name":"Statutory interest on judgment debts","description":"Belize's statutory rate on judgment debts: six per centum per annum under section 176 of the Senior Courts Act, 2022, which repealed and replaced the Supreme Court of Judicature Act, Chap. 91. Pre-judgment interest is separate and discretionary.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2022-11-15","source":{"name":"Senior Courts Act, 2022 (Act No. 27 of 2022, Belize), s. 176: 'Every judgment debt shall carry interest at the rate of six per centum per annum from the time of entering up the judgment until the same is satisfied, and such interest may be levied under a writ of execution on such judgment' — gazetted 15 November 2022; s. 245(1) repeals the Supreme Court of Judicature Act (Chap. 91), whose s. 167 carried the identical six per centum wording","url":"https://www.nationalassembly.gov.bz/wp-content/uploads/2022/11/Act-No-27-of-2022-Senior-Courts-Act-2022..pdf"},"url":"https://latamref.dev/v1/bz/statutory-interest"},{"id":"income-tax","name":"Personal income tax — exemption threshold and rate","description":"Income tax on the chargeable income of EMPLOYED individuals under the Income and Business Tax Act, Cap. 55, sections 6 and 16, administered by the Belize Tax Service Department through PAYE. Belize has no progressive bracket ladder: a single flat rate applies above a statutory exemption threshold, with a basic deduction and a taper credit at the bottom.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2025-01-01","source":{"name":"Income and Business Tax Act, Cap. 55, s.16(1)-(2) as amended by section 4 of the Income and Business Tax (Amendment) Act, No. 40 of 2024, and s.6(3) as replaced by section 3 of that Act (assented 11 Dec 2024 by H.E. Dame Froyla Tzalam, gazetted 14 Dec 2024; section 34: 'This Act shall come into force on the 1st day of January, 2025')","url":"https://www.nationalassembly.gov.bz/wp-content/uploads/2024/12/Act-No.-40-of-2024-Income-and-Business-Tax-Amendment-Act-2024.pdf"},"url":"https://latamref.dev/v1/bz/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Belize (BZ): the Social Security Board's bracketed weekly contribution table, the employee and employer shares it produces, the insurable-earnings ceiling and the instrument fixing it.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2022-04-04","source":{"name":"Social Security Board, Belize — Contribution & Benefit Schedule, \"Effective: Monday, April 4, 2022\" (complete thirteen-band weekly contribution table, the employment-injury-only categories, and the benefit maxima); Social Security Board Contributions page (contribution week Monday to Sunday, ages 14 to 65, payment due within fourteen days after the end of the month); Social Security Board list of Statutory Instruments (SI 41 of 2019 and SI 184 of 2020, Social Security (Collection of Contributions)(Amendment) Regulations). Governing statute: Social Security Act, Chapter 44 of the Laws of Belize, Revised Edition 2020.","url":"https://socialsecurity.org.bz/wp-content/uploads/2022/03/Cont_Ben_Schedule.pdf"},"url":"https://latamref.dev/v1/bz/social-contributions"}]},{"country":"CL","name":"Chile","currency":"CLP","series":[{"id":"policy-rate","name":"Tasa de Política Monetaria (TPM)","description":"Banco Central de Chile Tasa de Política Monetaria (Monetary Policy Rate), set at each Reunión de Política Monetaria (RPM).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2025-12-16","source":{"name":"Banco Central de Chile — Comunicado RPM junio 2026 (mantiene TPM en 4,5%, decisión unánime)","url":"https://www.bcentral.cl/en/content/-/details/prensa/comunicados-rpm/comunicado-rpm-junio-2026"},"url":"https://latamref.dev/v1/cl/policy-rate"},{"id":"statutory-interest","name":"Statutory legal interest (interés corriente)","description":"Chile's legal interest under Ley 18.010: the interés corriente certified monthly by the CMF, whose certificate itself designates which segment governs art. 16 mora and every legal reference to 'interés legal' — 5.40% annual for non-indexed peso operations from 15 July 2026.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-07-15","source":{"name":"CMF, Certificado Nº 07/2026 'Determina interés corriente por el lapso que indica' (signed 13 July 2026, published Diario Oficial Núm. 44.500 of 15 July 2026, CVE 2839188), under arts. 6º and 6º bis of Ley 18.010: segment 1.b — operaciones no reajustables en moneda nacional de menos de 90 días, superiores a 5.000 UF: '5,40 % anual. Esta tasa rige para los efectos del artículo 16 de la ley 18.010 y otras leyes que se remiten a la tasa de interés corriente para operaciones no reajustables.'","url":"https://www.diariooficial.interior.gob.cl/publicaciones/2026/07/15/44500/01/2839188.pdf"},"url":"https://latamref.dev/v1/cl/statutory-interest"},{"id":"vat","name":"IVA tasa general","description":"Standard Impuesto al Valor Agregado (IVA) rate, set by Decreto Ley N° 825 (Ley sobre Impuesto a las Ventas y Servicios).","free":false,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"2003-10-01","source":{"name":"DL 825, Artículo 14 (Ley sobre Impuesto a las Ventas y Servicios) — Servicio de Impuestos Internos (SII)","url":"https://www.sii.cl/normativa_legislacion/sobreventasyservicios.pdf"},"url":"https://latamref.dev/v1/cl/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Chile, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-08","confidence":"primary","effective_from":null,"source":{"name":"LeyChile (Biblioteca del Congreso Nacional) official consolidated XML of DL 825 (version 2026-02-05): art. 2º Nº 3 \"Por 'vendedor' cualquier persona natural o jurídica ... que se dedique en forma habitual a la venta de bienes corporales muebles e inmuebles\" — habituality, not turnover, is the test; no article of the law fixes a minimum-turnover registration threshold","url":"https://www.leychile.cl/Consulta/obtxml?opt=7&idNorma=6369"},"url":"https://latamref.dev/v1/cl/vat-registration-threshold"},{"id":"minimum-wage","name":"Ingreso Mínimo Mensual (IMM)","description":"Statutory monthly minimum wage for workers aged 18 to 65, set by law and periodically reajustado.","free":false,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"2026-05-01","source":{"name":"Senado de la República de Chile — reajuste al Ingreso Mínimo Mensual (Ley N° 21.830, D.O. 22-06-2026): \"A contar del 01 de mayo de 2026, se eleva a $553.553 el ingreso mínimo mensual para los trabajadores mayores de 18 años de edad y hasta de 65 años\"","url":"https://www.senado.cl/comunicaciones/noticias/ley-reajuste-al-ingreso-minimo-mensual"},"url":"https://latamref.dev/v1/cl/minimum-wage"},{"id":"public-holidays","name":"Feriados legales","description":"National statutory public holidays (feriados legales), per Ley 2.977 and subsequent leyes; feriados irrenunciables per Ley 19.973.","free":true,"stale":false,"last_confirmed":"2026-09-10","confidence":"secondary","effective_from":"2026-01-01","source":{"name":"Biblioteca del Congreso Nacional (BCN) — Feriados legales en Chile (Ley 2.977 y leyes posteriores; irrenunciables por Ley 19.973)","url":"https://www.bcn.cl/leyfacil/recurso/feriados-legales"},"url":"https://latamref.dev/v1/cl/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-09-13","confidence":"primary","effective_from":"2026-07-01","source":{"name":"INE Chile — Boletín Estadístico: Índice de Precios al Consumidor, julio 2026 (Edición N°333, 7 de agosto de 2026)","url":"https://www.ine.gob.cl/docs/default-source/%C3%ADndice-de-precios-al-consumidor/boletines/espa%C3%B1ol/2026/boletin-%C3%ADndice-de-precios-al-consumidor-julio-2026.pdf"},"url":"https://latamref.dev/v1/cl/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Ley sobre Impuesto a la Renta (DL 824), Impuesto de Primera Categoría — Servicio de Impuestos Internos (SII); régimen general semi-integrado 27%","url":"https://www.bcn.cl/leychile/navegar?idNorma=6368"},"url":"https://latamref.dev/v1/cl/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The Impuesto Adicional Chile levies on amounts paid or remitted to persons without domicile or residence in Chile - dividends, interest, royalties and technical services - under arts. 58-60 of the Ley sobre Impuesto a la Renta (DL 824 of 1974), each at its domestic statutory rate before any tax-treaty relief. Administered by the SII.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2017-01-01","source":{"name":"Ley sobre Impuesto a la Renta (DL 824), arts. 58-60: art. 58 (Impuesto Adicional of 35% on dividends and branch remittances), art. 59 opening words 'Se aplicará un impuesto de 30% sobre el total de las cantidades pagadas o abonadas en cuenta' for trademarks/patents/formulas with a 15% tier for patents and 'programas computacionales', art. 59 N°1 (interest: 35% general, 4% for foreign banking or financial institutions), art. 60 (35% residual)","url":"https://www.bcn.cl/leychile/navegar?idNorma=6368"},"url":"https://latamref.dev/v1/cl/withholding-tax"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Ley sobre Impuesto a la Renta (DL 824), Art. 52 — Impuesto Global Complementario / Art. 43 Impuesto Único de Segunda Categoría; tabla anual AT-2026 — Servicio de Impuestos Internos (SII)","url":"https://www.sii.cl/valores_y_fechas/renta/2026/personas_naturales.html"},"url":"https://latamref.dev/v1/cl/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Chile (CL): employee and employer shares of each statutory branch, with the UF-denominated topes imponibles and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-08-01","source":{"name":"Decreto Ley N° 3.500 de 1980, arts. 14, 16, 17, 29, 84 y 160; Ley N° 21.735 que crea un nuevo sistema mixto de pensiones y un seguro social previsional, y su cronograma de gradualidad de la cotización de cargo del empleador; Ley N° 19.728 que establece un seguro de desempleo, arts. 5 y 6; Ley N° 16.744, art. 15; Decreto Supremo N° 110 de 1968 y Decreto Supremo N° 67 de 1999 del Ministerio del Trabajo y Previsión Social (cotización adicional diferenciada); Ley N° 21.063 (SANNA) y Ley N° 21.010, art. 3 (cotización que la financia); DFL N° 1 de 2005 del Ministerio de Salud (Ley N° 18.933 sobre isapres y Ley N° 18.469 sobre el Régimen de Prestaciones de Salud); Superintendencia de Pensiones, \"Superintendencia de Pensiones informa los topes imponibles definitivos para el cálculo de cotizaciones previsionales en 2026\" — 90,0 UF para AFP, salud y Ley 16.744 y 135,2 UF para el seguro de cesantía, aplicables desde las remuneraciones de febrero de 2026, sobre una variación del Índice de Remuneraciones Reales del INE de 2,5 % entre noviembre de 2024 y noviembre de 2025; Superintendencia de Pensiones, \"Cotización de cargo del empleador\"; ChileAtiende, ficha \"Aportes del empleador al Sistema de Pensiones\"; SUSESO, Compendio de Normas del Seguro Social de Accidentes del Trabajo y Enfermedades Profesionales, Título II \"Cotizaciones\"; Ley sobre Impuesto a la Renta, art. 42 N° 1.","url":"https://www.spensiones.cl/portal/institucional/594/w3-article-16921.html"},"url":"https://latamref.dev/v1/cl/social-contributions"}]},{"country":"CO","name":"Colombia","currency":"COP","series":[{"id":"policy-rate","name":"Banco de la República tasa de intervención","description":"Banco de la República tasa de interés de intervención de política monetaria, set by the Junta Directiva (JDBR).","free":false,"stale":false,"last_confirmed":"2026-08-05","confidence":"primary","effective_from":"2026-07-01","source":{"name":"Banco de la República — Junta Directiva, junio de 2026 (comunicado)","url":"https://www.banrep.gov.co/es/noticias/junta-directiva-junio-2026"},"url":"https://latamref.dev/v1/co/policy-rate"},{"id":"statutory-interest","name":"Statutory default interest (interés de mora)","description":"Colombia's commercial default interest under Código de Comercio art. 884: one and a half times the Interés Bancario Corriente certified monthly by the Superintendencia Financiera — 29.66% E.A. for August 2026.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-08-01","source":{"name":"Código de Comercio art. 884 (as amended by Ley 510/1999 art. 111): mora 'equivalente a una y media veces del bancario corriente' (equivalent to one and a half times the current banking interest); Superintendencia Financiera Resolución 1139 de 2026 (31 July 2026) certifying the Interés Bancario Corriente for August 2026 at 19.77% E.A. (crédito de consumo y ordinario)","url":"https://www.superfinanciera.gov.co/publicaciones/10116205/superfinanciera-certifica-el-interes-bancario-corriente/"},"url":"https://latamref.dev/v1/co/statutory-interest"},{"id":"vat","name":"IVA tarifa general","description":"Impuesto sobre las ventas (IVA) tarifa general.","free":false,"stale":false,"last_confirmed":"2026-09-10","confidence":"primary","effective_from":"2017-02-01","source":{"name":"Estatuto Tributario, Artículo 468 (tarifa general del IVA) — texto oficial, Secretaría del Senado","url":"http://www.secretariasenado.gov.co/senado/basedoc/estatuto_tributario_pr019.html"},"url":"https://latamref.dev/v1/co/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Colombia, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-08","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Secretaría del Senado official consolidated Estatuto Tributario, art. 437 Parágrafo 3: \"Que en el año anterior o en el año en curso hubieren obtenido ingresos brutos totales provenientes de la actividad, inferiores a 3.500 UVT\" (Parágrafo modificado por el artículo 4 de la Ley 2010 de 2019)","url":"http://www.secretariasenado.gov.co/senado/basedoc/estatuto_tributario_pr017.html"},"url":"https://latamref.dev/v1/co/vat-registration-threshold"},{"id":"minimum-wage","name":"Salario mínimo mensual legal vigente (SMMLV)","description":"Salario mínimo mensual legal vigente, set by annual government decree effective 1 January.","free":false,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Decreto 0159 de 2026 (Ministerio del Trabajo, 19 feb 2026) — fija transitoriamente el SMMLV 2026","url":"https://dapre.presidencia.gov.co/normativa/normativa/DECRETO%20No.%200159%20DEL%2019%20DE%20FEBRERO%20DE%202026.pdf"},"url":"https://latamref.dev/v1/co/minimum-wage"},{"id":"public-holidays","name":"Public holidays (festivos)","description":"National public holidays. Fixed-date holidays plus movable holidays shifted to the following Monday under Ley 51 de 1983 ('Ley Emiliani').","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"secondary","effective_from":"2026-01-01","source":{"name":"Ley 51 de 1983 ('Ley Emiliani') — Gestor Normativo, Función Pública (rule that shifts movable holidays to the next Monday)","url":"https://www.funcionpublica.gov.co/eva/gestornormativo/norma.php?i=4954"},"url":"https://latamref.dev/v1/co/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-09-11","confidence":"primary","effective_from":"2026-08-01","source":{"name":"DANE annual YoY. Do not land monthly 0.39%.","url":"https://www.dane.gov.co/files/operaciones/IPC/ago2026/bol-IPC-ago2026.pdf"},"url":"https://latamref.dev/v1/co/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2023-01-01","source":{"name":"Estatuto Tributario, Artículo 240 (tarifa general del impuesto sobre la renta para personas jurídicas), modificado por la Ley 2277 de 2022 art. 10 — Secretaría del Senado","url":"http://www.secretariasenado.gov.co/senado/basedoc/estatuto_tributario_pr010.html"},"url":"https://latamref.dev/v1/co/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding taxes Colombia levies on payments abroad to non-resident persons and foreign entities - dividends, interest, royalties, services and management fees - under the Estatuto Tributario (ET, arts. 245 and 406-419), each at its domestic statutory rate before any tax-treaty relief. Administered by the DIAN.","free":false,"stale":false,"last_confirmed":"2026-09-10","confidence":"primary","effective_from":"2023-01-01","source":{"name":"Estatuto Tributario: art. 245 (dividends to foreign entities and non-residents, 'será del veinte por ciento (20%)', as amended by Ley 2277 de 2022), art. 408 (20% general rate on interest/royalties/services, 15% on foreign credits of one year or more, 33% on management fees, general corporate rate for non-cooperative/low-tax jurisdictions)","url":"http://www.secretariasenado.gov.co/senado/basedoc/estatuto_tributario_pr010.html"},"url":"https://latamref.dev/v1/co/withholding-tax"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Estatuto Tributario, Artículo 241 (tarifa para las personas naturales residentes) — Secretaría del Senado; UVT 2026 por Resolución DIAN 000238 de 15-12-2025","url":"http://www.secretariasenado.gov.co/senado/basedoc/estatuto_tributario_pr010.html"},"url":"https://latamref.dev/v1/co/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions and parafiscales for an ordinary private-sector employee in Colombia (CO): employee and employer shares of each statutory branch, with the SMMLV-denominated floor and ceiling and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ley 100 de 1993, arts. 18, 20, 27, 157, 202 y 204, con las modificaciones de la Ley 797 de 2003 (arts. 5, 7 y 8) y de la Ley 1122 de 2007 (art. 10); Decreto-Ley 1295 de 1994, art. 27, y Decreto 1772 de 1994, art. 13 (tabla de cotizaciones del Sistema General de Riesgos Laborales, cinco clases, valores mínimo, inicial y máximo, y límites generales de 0,348 % a 8,7 %); Decreto 1607 de 2002 (tabla de clasificación de actividades económicas para el Sistema General de Riesgos Profesionales); Ley 21 de 1982, arts. 7 y 9 (aportes a Cajas de Compensación Familiar 4 % y al SENA 2 %); Ley 27 de 1974 y art. 1 de la Ley 89 de 1988 (aporte al ICBF, elevado del 2 % al 3 %); art. 114-1 del Estatuto Tributario, adicionado por el art. 65 de la Ley 1819 de 2016 (exoneración de aportes); art. 30 de la Ley 1393 de 2010 (límite del 40 % a los pagos no constitutivos de salario para efectos del IBC); Decretos 1469 y 1470 de 2025 de 29 de diciembre de 2025, ratificados por el Decreto 0159 de 19 de febrero de 2026 — salario mínimo legal mensual vigente COP 1.750.905 y auxilio de transporte COP 249.095 desde el 1 de enero de 2026; Ley 2381 de 2024 (Sistema de Protección Social Integral) y autos de la Corte Constitucional que suspendieron su entrada en vigencia ? Decreto 1772 de 1994 texto en Gestor Normativo, Funci?n P?blica (funcionpublica.gov.co); Ley 100 de 1993 consolidada en Secretar?a del Senado (secretariasenado.gov.co)","url":"https://www.funcionpublica.gov.co/eva/gestornormativo/norma.php?i=8803"},"url":"https://latamref.dev/v1/co/social-contributions"},{"id":"fx-reference","name":"TRM — representative market exchange rate","description":"Colombia's official COP/USD reference rate (Tasa de Cambio Representativa del Mercado).","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-09-12","source":{"name":"Superintendencia Financiera / BanRep — TRM, via datos.gov.co, fix of 2026-09-12","url":"https://www.datos.gov.co/d/32sa-8pi3"},"url":"https://latamref.dev/v1/co/fx-reference"}]},{"country":"CR","name":"Costa Rica","currency":"CRC","series":[{"id":"policy-rate","name":"BCCR monetary policy rate (TPM)","description":"Banco Central de Costa Rica Tasa de Política Monetaria (TPM) — the target rate for overnight operations in the Mercado Integrado de Liquidez, set by the Junta Directiva at its monetary policy meetings (roughly eight per year).","free":false,"stale":true,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2025-12-19","source":{"name":"BCCR — Comunicado de Política Monetaria N.º 08-2025, 18 dic 2025 (sesión 6299-2025): reduce la TPM en 25 p.b. y la ubica en 3,25% anual a partir del 19 de diciembre del 2025","url":"https://www.bccr.fi.cr/publicaciones/DocPolticaMonetariaInflacin/ComunicadoPoliticaMonetaria_08-2025.pdf"},"url":"https://latamref.dev/v1/cr/policy-rate"},{"id":"vat","name":"IVA standard rate","description":"Impuesto sobre el Valor Agregado (IVA) tarifa general — standard value-added tax rate, Ley del IVA N.º 6826 as rewritten by Título I of Ley 9635 de Fortalecimiento de las Finanzas Públicas (3 Dec 2018).","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2019-07-01","source":{"name":"Ley del Impuesto al Valor Agregado, Artículo 10 (texto vigente, Sistema Costarricense de Información Jurídica — SCIJ/PGR)","url":"https://pgrweb.go.cr/scij/Busqueda/Normativa/Normas/nrm_texto_completo.aspx?param1=NRTC&nValor1=1&nValor2=87720&nValor3=125773&strTipM=TC"},"url":"https://latamref.dev/v1/cr/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT (IVA) registration becomes compulsory in Costa Rica, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"secondary","effective_from":null,"source":{"name":"Ley del Impuesto sobre el Valor Agregado, Ley N° 6826 as fully rewritten by Título I of Ley N° 9635 de Fortalecimiento de las Finanzas Públicas (3 Dec 2018; IVA in force 1 Jul 2019, replacing the impuesto general sobre las ventas), art. 4 (contribuyentes): \"Son contribuyentes de este impuesto las personas físicas, jurídicas, las entidades públicas o privadas que realicen actividades que impliquen la ordenación por cuenta propia de factores de producción...\" ('taxpayers are the natural and legal persons and public or private entities carrying on activities involving the self-directed organization of factors of production') — liability by activity, no turnover floor; inscription with the Administración Tributaria before starting operations. Digital services: art. 30 (percepción by card issuers) implemented by Resolución DGT-R-13-2020 (11 Jun 2020).","url":"https://www.asamblea.go.cr/sd/SiteAssets/Lists/Consultas%20Biblioteca/EditForm/Texto%20de%20la%20Ley%209635.pdf"},"url":"https://latamref.dev/v1/cr/vat-registration-threshold"},{"id":"minimum-wage","name":"Minimum wage (lowest generic monthly rate)","description":"Costa Rica has no single national minimum wage. The Consejo Nacional de Salarios (tripartite body under Ley N.º 832 de 1949) fixes a MATRIX of statutory minimums by OCCUPATION/SKILL CATEGORY each year (resolution by 1 Nov, officialized by MTSS executive decree effective 1 Jan). This series carries the lowest generic monthly rate: Trabajador en Ocupación No Calificada, ocupaciones genéricas por mes.","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Decreto Ejecutivo N.º 45303-MTSS del 08/11/2025, 'Fijación de salarios mínimos para el sector privado que regirán a partir del 1° de enero del 2026' (La Gaceta N.º 229, Alcance 156, 05/12/2025) — texto completo en SCIJ","url":"https://pgrweb.go.cr/scij/Busqueda/Normativa/Normas/nrm_texto_completo.aspx?param1=NRTC&nValor1=1&nValor2=105838&nValor3=148681&strTipM=TC"},"url":"https://latamref.dev/v1/cr/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Días feriados per Artículo 148 of the Código de Trabajo (Ley N.º 2 de 1943, texto vigente), calendar year 2026 — nine feriados de pago obligatorio and three de pago no obligatorio.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Código de Trabajo, Artículo 148 — texto vigente (versión 10 de 10), Sistema Costarricense de Información Jurídica (SCIJ/PGR)","url":"https://pgrweb.go.cr/scij/Busqueda/Normativa/Normas/nrm_articulo.aspx?param1=NRA&nValor1=1&nValor2=8045&nValor3=140179&nValor5=47175"},"url":"https://latamref.dev/v1/cr/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-06-01","source":{"name":"Official INEC IPC bulletin, June 2026 — Interanual -0,32 % (julio 2025 a junio 2026)","url":"https://admin.inec.cr/sites/default/files/2026-07/coEconomIPC062026-01.pdf"},"url":"https://latamref.dev/v1/cr/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ley del Impuesto sobre la Renta N.º 7092, Artículo 15 — tarifa general del 30% para personas jurídicas (texto vigente, Sistema Costarricense de Información Jurídica SCIJ/PGR); tramos reducidos y umbral de renta bruta 2026 fijados por Decreto Ejecutivo N.º 45333-H (La Gaceta N.º 229, 05/12/2025)","url":"https://pgrweb.go.cr/scij/Busqueda/Normativa/Normas/nrm_texto_completo.aspx?nValor1=1&nValor2=10969"},"url":"https://latamref.dev/v1/cr/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding tax (impuesto sobre remesas al exterior) Costa Rica levies on Costa Rican-source payments to persons not domiciled in Costa Rica - dividends, interest, royalties, technical advisory, fees, transport, reinsurance and other heads - each at its domestic statutory rate under art. 59 of Ley 7092 (Ley del Impuesto sobre la Renta), as amended by Ley 9635 and Ley 10335, before any double-tax agreement relief. Administered by the Dirección General de Tributación (Ministerio de Hacienda).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2022-12-21","source":{"name":"Ley 7092, Ley del Impuesto sobre la Renta, art. 59 'Tarifas' (consolidated text, Sistema Costarricense de Información Jurídica / SINALEVI, ficha 10969): 'a) Por el transporte y las comunicaciones... ocho coma cinco por ciento (8,5%)... c) Por los honorarios, las comisiones, las dietas y otras prestaciones de servicios personales... veinticinco por ciento (25%)... d) Por los reaseguros, los reafianzamientos y las primas de seguros de cualquier clase... cinco coma cinco por ciento (5,5%)... g) Por las utilidades, los dividendos o las participaciones sociales... quince por ciento (15%) o del cinco por ciento (5%), según corresponda. h) Por intereses, comisiones y otros gastos financieros... quince por ciento (15%)... j) Por el asesoramiento técnico-financiero o de otra índole, así como por los pagos relativos al uso de patentes, suministros de fórmulas, marcas de fábrica, privilegios, franquicias y regalías... veinticinco por ciento (25%)... l) Por cualquier otra remesa... treinta por ciento (30%).' (Rates: transport/communications 8.5%; fees and personal services 25%; reinsurance and insurance premiums 5.5%; dividends 15% or 5% as applicable; interest 15%; technical advisory, patents, trademarks, franchises and royalties 25%; any other remittance 30%.)","url":"https://www.pgrweb.go.cr/scij/Busqueda/Normativa/Normas/nrm_texto_completo.aspx?param1=NRTC&nValor1=1&nValor2=10969&nValor3=0&strTipM=TC"},"url":"https://latamref.dev/v1/cr/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"Costa Rica's legal interest is an index, not a number: for colón commercial debts Código de Comercio art. 497 sets it at the BCCR's Tasa Básica Pasiva, re-fixed every week — 3.63% per annum for the week from 20 August 2026.","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-09-14","source":{"name":"Official BCCR indicator 423 JSON re-fetched 2026-09-14 — {\"codigoIndicador\":\"423\",\"nombreIndicador\":\"Tasa básica pasiva calculada por el BCCR\",\"series\":[{\"fecha\":\"2026-09-14\",\"valorDatoPorPeriodo\":3.59000000}]}","url":"https://www.bccr.fi.cr/content/bccr/cr/es/home/jcr:content/root/container/container/economicindicators/item_1774647998142.indicator.423.json"},"url":"https://latamref.dev/v1/cr/statutory-interest"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Decreto Ejecutivo N.º 45333-H 'Actualización de los tramos del impuesto sobre la renta-salario y utilidades', Artículo 1 (La Gaceta N.º 229, 05/12/2025; vigente desde 01/01/2026) — texto en SCIJ/PGR; base legal Art. 33 Ley del Impuesto sobre la Renta N.º 7092","url":"https://pgrweb.go.cr/scij/Busqueda/Normativa/Normas/nrm_texto_completo.aspx?param1=NRTC&nValor1=1&nValor2=105834&nValor3=148657&strTipM=TC"},"url":"https://latamref.dev/v1/cr/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Costa Rica (CR): employee and employer shares of each statutory branch collected on the CCSS planilla, plus the separate INS occupational-risk premium, with the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Constitución Política de la República de Costa Rica, art. 73 (seguros sociales de contribución tripartita); Ley Constitutiva de la Caja Costarricense de Seguro Social (Ley N° 17 de 22 de octubre de 1943) y Reglamento del Seguro de Salud de la CCSS (SEM: 5,50 % trabajador, 9,25 % patrono, 0,25 % Estado); Reglamento del Seguro de Invalidez, Vejez y Muerte de la CCSS, Transitorio XI, aprobado por la Junta Directiva de la CCSS en la Sesión N° 9038 de 2019 (IVM desde el 1 de enero de 2026: 4,33 % trabajador, 5,58 % patrono, 1,75 % Estado, vigentes hasta el 31 de diciembre de 2028, con nuevo incremento programado desde el 1 de enero de 2029 hasta un 12,16 % tripartito); Ley Orgánica del Banco Popular y de Desarrollo Comunal (Ley N° 4351) — ahorro obligatorio del trabajador 1 % y cuota patronal 0,25 %; Ley de Desarrollo Social y Asignaciones Familiares (Ley N° 5662) — FODESAF 5 % patronal; Ley de Creación del Instituto Mixto de Ayuda Social (Ley N° 4760) — IMAS 0,50 % patronal; Ley Orgánica del Instituto Nacional de Aprendizaje (Ley N° 6868) — INA 1,50 % patronal, con exención para patronos no agrícolas con menos de cinco trabajadores permanentes; Ley de Protección al Trabajador (Ley N° 7983) y Ley N° 9906 — Fondo de Capitalización Laboral y Régimen Obligatorio de Pensiones Complementarias, 4,50 % patronal combinado, más 0,25 % patronal adicional al Banco Popular; Código de Trabajo, Título IV (Riesgos del Trabajo) — póliza obligatoria del Instituto Nacional de Seguros.","url":"https://www.ccss.sa.cr/patronos"},"url":"https://latamref.dev/v1/cr/social-contributions"}]},{"country":"DO","name":"Dominican Republic","currency":"DOP","series":[{"id":"policy-rate","name":"BCRD monetary policy rate (TPM)","description":"Banco Central de la República Dominicana tasa de interés de política monetaria (TPM), set at the BCRD's monthly monetary policy meetings and announced via comunicados de política monetaria.","free":false,"stale":true,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2025-10-31","source":{"name":"BCRD — Comunicado de política monetaria, reunión de octubre 2025 (31 Oct 2025): TPM reduced 25bps from 5.50% to 5.25%","url":"https://www.bancentral.gov.do/a/d/6408-bcrd-reduce-su-tasa-de-politica-monetaria-en-25-puntos-basicos-de-550--a-525--anual"},"url":"https://latamref.dev/v1/do/policy-rate"},{"id":"vat","name":"ITBIS standard rate","description":"Impuesto sobre Transferencias de Bienes Industrializados y Servicios (ITBIS) — the Dominican Republic's value-added tax, governed by Título III of the Código Tributario (Ley 11-92) as amended by Ley 253-12.","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2013-01-01","source":{"name":"DGII — ITBIS (Ciclo del Contribuyente / Principales Impuestos): 'la tasa del ITBIS a aplicar a las transferencias de bienes gravadas y/o prestación de servicios a partir del 2016 será del 18%' (Ley 253-12, Art. 23, Párrafos I y II)","url":"https://dgii.gov.do/cicloContribuyente/obligacionesTributarias/principalesImpuestos/Paginas/Itbis.aspx"},"url":"https://latamref.dev/v1/do/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/ITBIS registration becomes compulsory in the Dominican Republic, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Código Tributario (Ley 11-92 de 16-5-1992), Título III. Art. 335: \"Se establece un impuesto que grava: 1) La transferencia de bienes industrializados. 2) La importación de bienes industrializados. 3) La prestación y la locación de servicios.\" ('a tax is established on: the transfer of industrialised goods; the importation of industrialised goods; the provision and leasing of services'). Art. 337(a): \"son contribuyentes: 1- ... Las personas naturales, sociedades o empresas, nacionales o extranjeras que realicen transferencias de bienes industrializados en ejercicio de sus actividades industriales, comerciales o similares ... 3- ... Las personas que presten o sean locadores de servicios gravados\" ('taxpayers are: natural persons, companies or enterprises, national or foreign, that transfer industrialised goods in the exercise of their industrial, commercial or similar activities ... persons who provide or lease taxable services') — with no minimum-turnover condition anywhere in the Título; art. 337(c) only empowers the Executive to ease FILING FREQUENCY for pequeños contribuyentes, never the liability itself.","url":"https://dgii.gov.do/legislacion/codigoTributario/Cdigo%20Tributario/Titulo3.pdf"},"url":"https://latamref.dev/v1/do/vat-registration-threshold"},{"id":"minimum-wage","name":"Minimum wage (lowest non-sectorized tier — microempresas)","description":"The Dominican Republic has no single national minimum wage: the Comité Nacional de Salarios (Ministerio de Trabajo, per Arts. 452-464 of the Código de Trabajo and Decreto 512-97) fixes a MATRIX of monthly minimums for the sector privado no sectorizado tiered by COMPANY SIZE (grandes/medianas/pequeñas/micro empresas), plus separate sectoral scales (zonas francas, hotels/casinos, restaurants, security guards, field workers). This series carries the LOWEST non-sectorized monthly rate (microempresas).","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-02-01","source":{"name":"Ministerio de Trabajo — Resolución núm. CNS-01-2025 del Comité Nacional de Salarios sobre salario mínimo nacional para los trabajadores del sector privado no sectorizado (26 Feb 2025), Artículo Tercero, Párrafo I (second phase, 1 Feb 2026)","url":"https://transparencia.mt.gob.do/images/docs/base_legal/resoluciones/CNS/2025/RESOLUCION%20CNS-01-2025%20PRIVADO%20NO%20SECTORIZADO%202....pdf"},"url":"https://latamref.dev/v1/do/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Días feriados for calendar year 2026 with observed dates per Ley 139-97 (19 Jun 1997, G.O. 9957), which moves holidays falling Tuesday/Wednesday to the preceding Monday and Thursday/Friday to the following Monday, except the immovable dates (1 Jan, 21 Jan, 27 Feb, Viernes Santo, Corpus Christi, 16 Aug, 24 Sep, 25 Dec).","free":true,"stale":false,"last_confirmed":"2026-09-10","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ministerio de Trabajo — 'Ministerio de Trabajo informa días feriados correspondientes al año 2026' (official announcement applying Ley 139-97)","url":"https://mt.gob.do/ministerio-de-trabajo-informa-dias-feriados-correspondientes-al-ano-2026/"},"url":"https://latamref.dev/v1/do/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-09-11","confidence":"primary","effective_from":"2026-08-01","source":{"name":"BCRD Informe IPC Agosto 2026.","url":"https://cdn.bancentral.gov.do/documents/publicaciones-economicas/indice-de-precios-al-consumidor-informe-mensual/documents/Informe-IPC-2026-08.pdf"},"url":"https://latamref.dev/v1/do/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2015-01-01","source":{"name":"DGII — Impuesto sobre la Renta (Ciclo del Contribuyente / Principales Impuestos): tasa de ISR de personas jurídicas 27%; base legal Art. 297 Código Tributario (Ley 11-92) reformado por Ley 253-12","url":"https://dgii.gov.do/cicloContribuyente/obligacionesTributarias/principalesImpuestos/Paginas/impuestoSobreRenta.aspx"},"url":"https://latamref.dev/v1/do/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The final withholding taxes the Dominican Republic levies on payments to non-residents under the Codigo Tributario (Ley 11-92): dividends at 10% (articulo 308), interest paid abroad at 10% (articulo 306), and all other Dominican-source payments abroad - royalties, services and any income without its own regime - at the articulo 297 corporate rate (27%) via the articulo 305 catch-all, each at its domestic statutory rate before any double-tax treaty relief. Administered by the Direccion General de Impuestos Internos (DGII).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2015-01-01","source":{"name":"DGII (dgii.gov.do): official Codigo Tributario Titulo II text (arts. 297, 305, 306, 308) and DGII pages - 'Las Personas Juridicas pagaran una tasa del Impuesto Sobre la Renta de un 27%' ('Legal persons shall pay an Income Tax rate of 27%'); art. 305 (via consolidated text, mod. Ley 253-12): 'Quienes paguen o acrediten en cuenta rentas gravadas de fuente dominicana a personas fisicas, juridicas o entidades no residentes deberan retener e ingresar a la Administracion, con caracter de pago unico y definitivo del impuesto, la misma tasa establecida en el articulo 297' ('Those who pay or credit Dominican-source taxable income to non-resident persons or entities shall withhold, as a single and final payment of the tax, the same rate established in article 297')","url":"https://dgii.gov.do/legislacion/codigoTributario/Cdigo%20Tributario/Titulo2.pdf"},"url":"https://latamref.dev/v1/do/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"The Dominican Republic abolished its legal interest rate in 2002: Ley 183-02 repealed the 1% monthly figure and freed rates entirely, leaving judicially-awarded interest benchmarked to a Banco Central average as the only thing a creditor can claim.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Ley Monetaria y Financiera 183-02 (aprobada 21 de noviembre de 2002, Gaceta Oficial 2 de diciembre de 2002), art. 24 párrafo III: 'Las tasas de interés para transacciones denominadas en moneda nacional y extranjera serán determinadas libremente entre los agentes del mercado'; art. 91 expressly repeals the Orden Ejecutiva 312 de 1 de junio de 1919 that had fixed the interés legal at 1% mensual","url":"https://www.sb.gob.do/regulacion/compendio-de-leyes-y-reglamentos/ley-no-183-02-monetaria-y-financiera/"},"url":"https://latamref.dev/v1/do/statutory-interest"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2017-01-01","source":{"name":"DGII — Impuesto sobre la Renta, escala anual de personas físicas (Art. 296 Código Tributario, Ley 11-92); rentas exentas hasta RD$416,220.00","url":"https://dgii.gov.do/cicloContribuyente/obligacionesTributarias/principalesImpuestos/Paginas/impuestoSobreRenta.aspx"},"url":"https://latamref.dev/v1/do/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in the Dominican Republic (DO): employee and employer shares of each statutory branch of the Sistema Dominicano de Seguridad Social collected through the TSS, plus the INFOTEP levy, each with its own minimum-wage-denominated ceiling.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-02-01","source":{"name":"Ley 87-01 que crea el Sistema Dominicano de Seguridad Social (Seguro de Vejez, Discapacidad y Sobrevivencia: 7,10 % empleador y 2,87 % afiliado; Seguro Familiar de Salud del régimen contributivo: 7,09 % empleador y 3,04 % afiliado; Seguro de Riesgos Laborales: a cargo exclusivo del empleador, con componente fijo y componente variable según el nivel de riesgo asignado por el IDOPPRIL); Ley 116-80 que crea el Instituto Nacional de Formación Técnico Profesional (1 % patronal sobre la nómina mensual y 0,5 % a cargo del trabajador sobre las gratificaciones anuales); Tesorería de la Seguridad Social, resoluciones que fijan los topes de cotización del régimen contributivo — salario mínimo nacional del sector privado formal RD$ 23.223,00 y topes de RD$ 92.892,00 (4 salarios mínimos, Riesgos Laborales), RD$ 232.230,00 (10 salarios mínimos, Seguro Familiar de Salud) y RD$ 464.460,00 (20 salarios mínimos, Vejez, Discapacidad y Sobrevivencia), aplicables desde el 1 de febrero de 2026; Resolución TSS 01-2025, aplicable desde el período de facturación de abril de 2025 hasta el 1 de febrero de 2026, sobre un salario mínimo de RD$ 21.674,80 y topes de RD$ 86.699,20, RD$ 216.748,00 y RD$ 433.496,00, conforme al comunicado de la Presidencia de la República Dominicana.","url":"https://presidencia.gob.do/noticias/tesoreria-de-la-seguridad-social-informa-nuevos-topes-de-cotizacion-para-el-regimen"},"url":"https://latamref.dev/v1/do/social-contributions"}]},{"country":"EC","name":"Ecuador","currency":"USD","series":[{"id":"policy-rate","name":"BCE policy rate (none — fully dollarized economy)","description":"Banco Central del Ecuador (BCE) policy interest rate. Ecuador has been fully dollarized since 2000 (US dollar is legal tender); the BCE cannot issue currency or act as lender of last resort and does not conduct conventional monetary policy, so no policy interest rate exists. The BCE only publishes market-average 'tasas referenciales' (referential rates), which are statistical benchmarks, not a policy instrument.","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2000-03-13","source":{"name":"Banco Central del Ecuador — Tasas de Interés (tasas referenciales vigentes)","url":"https://contenido.bce.fin.ec/documentos/Estadisticas/SectorMonFin/TasasInteres/Indice.htm"},"url":"https://latamref.dev/v1/ec/policy-rate"},{"id":"vat","name":"IVA standard rate","description":"Impuesto al Valor Agregado (IVA) tarifa general — standard value-added tax rate under Article 65 of the Ley de Régimen Tributario Interno (LRTI), administered by the Servicio de Rentas Internas (SRI).","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2024-04-01","source":{"name":"SRI — Circular No. NAC-DGECCGC25-00000006 (26 Dec 2025): tarifa general del IVA del 15% se mantiene vigente para 2026","url":"https://www.sri.gob.ec/o/sri-portlet-biblioteca-alfresco-internet/descargar?id=236482f4-6125-42fd-b073-62c99d08233d&nombre=NAC-DGECCGC25-00000006.pdf"},"url":"https://latamref.dev/v1/ec/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT (IVA) registration becomes compulsory in Ecuador, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Ley de Régimen Tributario Interno (LRTI), Título II (IVA) — liability attaches to transfers of goods and services with no turnover floor; Ley del Registro Único de Contribuyentes, art. 3: \"Todas las personas naturales y jurídicas, entes sin personalidad jurídica, nacionales y extranjeras, que inicien o realicen actividades económicas en el país en forma permanente u ocasional... están obligados a inscribirse por una sola vez en el Registro Único de Contribuyentes\" ('everyone who starts or carries on economic activity in the country, permanently or occasionally, must register once in the RUC'), within 30 days of starting activity. RIMPE near-threshold: LRTI arts. 97.1 ff., added by the Ley Orgánica para el Desarrollo Económico y Sostenibilidad Fiscal tras la Pandemia COVID-19 (RO 29 Nov 2021), in force 1 Jan 2022; thresholds confirmed on the SRI's official RIMPE page.","url":"https://www.sri.gob.ec/en/rimpe"},"url":"https://latamref.dev/v1/ec/vat-registration-threshold"},{"id":"minimum-wage","name":"Salario Básico Unificado (SBU), monthly","description":"Salario Básico Unificado del trabajador en general — national monthly minimum wage in US dollars, set each December by acuerdo ministerial of the Ministerio del Trabajo (after tripartite review in the Consejo Nacional de Trabajo y Salarios) for the following calendar year.","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ministerio del Trabajo — Acuerdo Ministerial Nro. MDT-2025-195 (15 Dec 2025; RO Suplemento 187, 18 Dec 2025): SBU 2026 = USD 482","url":"https://www.trabajo.gob.ec/despues-de-casi-una-decada-hay-consenso-gobierno-empleadores-y-trabajadores-acuerdan-fijar-el-salario-basico-unificado-de-2026-en-usd-482-no-hay-imposicion-hay-union/"},"url":"https://latamref.dev/v1/ec/minimum-wage"},{"id":"public-holidays","name":"Public holidays (feriados nacionales)","description":"National obligatory-rest holidays (feriados nacionales de descanso obligatorio) for calendar year 2026, per Article 65 of the Código del Trabajo as reformed by the 2016 'Ley de Feriados' (observance-shift rules applied), plus the additional non-recoverable rest day decreed for 2 January 2026.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ministerio de Turismo — Calendario de feriados nacionales (framework: Art. 65 Código del Trabajo, reformado por la Ley Orgánica 'Ley de Feriados', RO 2S 906, 20-XII-2016; Decreto Ejecutivo 249 de 17-XII-2025 para el 2 de enero)","url":"https://servicios.turismo.gob.ec/turismo-en-cifras/feriados-nacionales/"},"url":"https://latamref.dev/v1/ec/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-09-10","confidence":"primary","effective_from":"2026-06-01","source":{"name":"INEC Ecuador — Boletín Técnico N° 06-2026-IPC, Índice de Precios al Consumidor Junio 2026 (base 2014=100)","url":"https://www.ecuadorencifras.gob.ec/documentos/web-inec/Inflacion/2026/junio/BOLETIN_TECNICO_IPC_2026_06.pdf"},"url":"https://latamref.dev/v1/ec/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2018-01-01","source":{"name":"SRI — Ley de Régimen Tributario Interno (LRTI), Art. 37 'Tarifa del impuesto a la renta para sociedades'","url":"https://www.sri.gob.ec/o/sri-portlet-biblioteca-alfresco-internet/descargar/41cf5f60-1b6c-405f-9d0f-864291c2e3cd/Adjunto%20el%20Art%C3%ADculo%2037-1.pdf"},"url":"https://latamref.dev/v1/ec/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding taxes Ecuador levies on payments to non-residents: a general 25% withholding on Ecuadorian-source income without a specific rate (interest, royalties, services - LRTI art. 39), rising to 37% for recipients in tax havens, and a separate single income tax on dividends (LRTI art. 39.2, reformed October 2025) withheld in full by the distributing company - 10% for standard non-resident shareholders. Domestic statutory rates before any double-tax treaty relief. Administered by the Servicio de Rentas Internas (SRI).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2025-10-28","source":{"name":"SRI - official extract of LRTI Art. 39 (Ingresos de no residentes): 'Los ingresos gravables de no residentes... pagaran la tarifa general prevista para sociedades sobre dicho ingreso gravable. Si los ingresos... son percibidos por personas residentes, constituidas o ubicadas en paraisos fiscales o jurisdicciones de menor imposicion... se les aplicara una retencion en la fuente equivalente a la maxima tarifa prevista para personas naturales.' - English: taxable income of non-residents pays the general corporate rate (25%); if received by persons resident, constituted or located in tax havens or lower-tax jurisdictions, a withholding equal to the top individual rate (37%) applies. Dividends: SRI, Reglamento Ley Organica de Transparencia Social (R.O. 153 8voS, 28 Oct 2025), Art. 39.2 LRTI reformado: 'Los dividendos o utilidades que distribuyan las sociedades residentes o establecimientos permanentes en el Ecuador estaran sujetos... al impuesto a la renta unico sobre el importe del monto distribuido' - dividends are subject to a single income tax on the amount distributed, withheld 100% by the company; 10% for non-resident companies and non-resident individuals.","url":"https://www.sri.gob.ec/o/sri-portlet-biblioteca-alfresco-internet/descargar/74afed0a-4791-4e36-94c1-9587af822359/Art.+39+Ingresos+no+residentes.pdf"},"url":"https://latamref.dev/v1/ec/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (tasa de interés activa legal)","description":"Ecuador's legal interest: the Banco Central del Ecuador's monthly Tasa de Interés Activa Legal, which the Código Civil adopts by reference as the rate owed on money debts in default — 6.79% per annum for August 2026.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-08-01","source":{"name":"Banco Central del Ecuador, Tasas de Interés — Agosto 2026: Tasa Legal 6.79%, Tasa Máxima Convencional 7.86%. Statutory hook: Código Civil (Codificación 2005-010) art. 2110: 'Si se estipulan en general intereses, sin determinar la cuota, se entenderán los intereses legales. Interés legal es el que determine el organismo competente del Estado'","url":"https://contenido.bce.fin.ec/documentos/Estadisticas/SectorMonFin/TasasInteres/Indice.htm"},"url":"https://latamref.dev/v1/ec/statutory-interest"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2026-01-01","source":{"name":"SRI — Resolución Nro. NAC-DGERCGC25-00000043 (29 Dec 2025), tabla del impuesto a la renta de personas naturales, período fiscal 2026 (Art. 36 lit. a LRTI)","url":"https://www.sri.gob.ec/o/sri-portlet-biblioteca-alfresco-internet/descargar?id=bb7aac3c-251d-4243-9477-10a3ba8e7355&nombre=NAC-DGERCGC25-00000043.pdf"},"url":"https://latamref.dev/v1/ec/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Ecuador (EC): employee and employer shares of each statutory branch of the IESS Seguro General Obligatorio, with the minimum contribution base and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Instituto Ecuatoriano de Seguridad Social, \"TASAS DE APORTACIÓN\" — tabla oficial, sección \"De los trabajadores del sector privado bajo relación de dependencia, así como de los miembros del clero secular\" (personal 9,45 % / patronal 11,15 % / total 20,60 %); Ley de Seguridad Social (Ley 2001-55, R.O. Suplemento 465 de 30 de noviembre de 2001), arts. 11, 12, 13, 14, 15, 73, 79, 83, 111, 159, 160 y Disposición Transitoria Decimosexta; Ley Orgánica para la Promoción del Trabajo Juvenil, Regulación Excepcional de la Jornada de Trabajo, Cesantía y Seguro de Desempleo (Ley No. 0, R.O. Suplemento 720 de 28 de marzo de 2016), art. 6 (artículos innumerados sobre financiamiento del Seguro de Desempleo); Resolución del Consejo Directivo del IESS No. C.D. 501, reformada por Resolución No. C.D. 515; Resolución No. C.D. 460 (aporte 0,10 % Ley Orgánica de Discapacidades); Ley Orgánica de Discapacidades, R.O. Suplemento 796 de 25 de septiembre de 2012; Código del Trabajo art. 196 y Ley para el Pago Mensual del Fondo de Reserva (R.O. Suplemento 644 de 29 de julio de 2009); Acuerdo Ministerial No. MDT-2025-195 de 15 de diciembre de 2025 (R.O. Suplemento 187 de 18 de diciembre de 2025) — salario básico unificado USD 482,00 desde el 1 de enero de 2026; Ley de Régimen Tributario Interno art. 17 (deducción del aporte personal al IESS de la base imponible del trabajo en relación de dependencia).","url":"https://www.iess.gob.ec/documents/13718/54965/Tasasdeaportacion.pdf"},"url":"https://latamref.dev/v1/ec/social-contributions"}]},{"country":"GT","name":"Guatemala","currency":"GTQ","series":[{"id":"policy-rate","name":"Banguat tasa de interés líder de política monetaria","description":"Banco de Guatemala (Banguat) leading monetary policy interest rate (tasa de interés líder de política monetaria), set by the Junta Monetaria at its scheduled rate-decision sessions (eight per year).","free":false,"stale":true,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-02-18","source":{"name":"Banco de Guatemala — Boletines de Prensa 2026 (Junta Monetaria decisions)","url":"https://banguat.gob.gt/page/boletines-de-prensa-2026"},"url":"https://latamref.dev/v1/gt/policy-rate"},{"id":"vat","name":"IVA standard rate","description":"Impuesto al Valor Agregado (IVA) tarifa única — standard value-added tax rate, Artículo 10 of Decreto 27-92 del Congreso de la República (Ley del IVA).","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2001-08-01","source":{"name":"SAT — Legislación Tributaria (Ley del IVA, Decreto 27-92, Artículo 10)","url":"https://portal.sat.gob.gt/portal/biblioteca-en-linea-sat/legislacion-tributaria/"},"url":"https://latamref.dev/v1/gt/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT (IVA) registration becomes compulsory in Guatemala, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":null,"source":{"name":"Ley del Impuesto al Valor Agregado, Decreto N° 27-92 del Congreso (tarifa 12%, art. 10): liability attaches by act (art. 3 — sales, services, imports) with no registration turnover floor. Near-threshold: Régimen de Pequeño Contribuyente, arts. 45-51; art. 45 as reformed by art. 15 of Decreto N° 31-2024 'Ley para la Integración del Sector Productivo Primario y Agropecuario' (published 9 Dec 2024, in force 9 Apr 2025) raises the opt-in ceiling from Q150,000 to 125 salarios mínimos mensuales vigentes para el sector no agrícola, sin incluir la bonificación incentivo ('125 monthly minimum wages in force for the non-agricultural sector, excluding the incentive bonus') of annual turnover — Q465,381.25 for 2025 (125 × Q3,723.05).","url":"https://portal.sat.gob.gt/portal/preguntas-frecuentes/decreto-31-2024-ley-para-la-integracion-del-sector-productivo-primario-y-agropecuario/"},"url":"https://latamref.dev/v1/gt/vat-registration-threshold"},{"id":"minimum-wage","name":"Minimum wage (lowest rate in the activity x circumscription matrix)","description":"Guatemala has no single national minimum wage. An annual Acuerdo Gubernativo of the Ministerio de Trabajo y Previsión Social sets a MATRIX of daily/monthly minimum wages by ECONOMIC ACTIVITY (agrícola / no agrícola / exportadora y de maquila) and, since Acuerdo Gubernativo 285-2021 defined them, by ECONOMIC CIRCUMSCRIPTION (CE1 = department of Guatemala; CE2 = the other 21 departments). This series carries the LOWEST daily rate in the schedule.","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Acuerdo Gubernativo 256-2025 (Diario de Centro América, 22 Dec 2025) — DCA/Gobierno de Guatemala","url":"https://dca.gob.gt/noticias-guatemala-diario-centro-america/gobierno-fija-nuevos-salarios-minimos-para-2026/"},"url":"https://latamref.dev/v1/gt/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Días de asueto con goce de salario for private-sector workers per Artículo 127 of the Código de Trabajo (Decreto 1441), as modulated by the Ley que Promueve el Turismo Interno (Decreto 42-2010 reformed by Decreto 19-2018) — calendar year 2026.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Código de Trabajo, Artículo 127 (edición digital oficial, Ministerio de Trabajo y Previsión Social) + Decreto 19-2018 (Congreso de la República / Diario de Centro América 10 Oct 2018)","url":"https://www.mintrabajo.gob.gt/doc/normativasDeTrabajo/Codigo-de-Trabajo-Digital.pdf"},"url":"https://latamref.dev/v1/gt/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-07-01","source":{"name":"INE Guatemala, IPC Base Anual 2024=100, Variación Interanual por Región (ipc_varint_reg_es25.xlsx, dataset updated 7 August 2026): República julio 2026 = 2.695% (junio = 2.275%)","url":"https://datos.ine.gob.gt/dataset/4243818d-b479-4bc1-aae6-2735e2b51265/resource/7a53f9d4-1801-45e0-b91f-70fb93e0f9c1/download/ipc_varint_reg_es25.xlsx"},"url":"https://latamref.dev/v1/gt/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2015-01-01","source":{"name":"SAT / Congreso de la República — Decreto 10-2012 (Ley de Actualización Tributaria), Libro I (ISR), Art. 36 'Tipo impositivo en el Régimen Sobre las Utilidades de Actividades Lucrativas'","url":"https://portal.sat.gob.gt/portal/wpfd_file/decreto-no-10-2012-ley-de-actualizacion-tributaria-2/"},"url":"https://latamref.dev/v1/gt/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The final withholding taxes Guatemala levies on payments to non-residents without a permanent establishment - dividends, interest, royalties, fees, technical advisory and other heads - each at its domestic statutory rate under Decreto 10-2012 (Ley de Actualización Tributaria), arts. 103-105, before any double-tax agreement relief. Administered by SAT.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"secondary","effective_from":"2013-01-01","source":{"name":"Decreto 10-2012, Ley de Actualización Tributaria, Libro I, Título V (Rentas de no residentes), art. 104 'Tipos impositivos': 'Los tipos impositivos aplicables a los pagos o acreditación de las rentas gravadas por este título son los siguientes: 1. El tipo impositivo del cinco por ciento (5%)... 2. El tipo impositivo del diez por ciento (10%)... 3. El tipo impositivo del quince por ciento (15%)... 4. El tipo impositivo del veinticinco por ciento (25%) que se aplica a: Otras rentas gravadas no especificadas en los numerales anteriores.' (The tax rates applicable to payments or crediting of income taxed under this title are: 5%, 10%, 15%, and 25% for other unspecified taxed income.) Art. 105 'Obligación de retener': payers keeping full accounting 'deben retener el impuesto con carácter definitivo' (must withhold the tax as a final tax).","url":"https://www.minfin.gob.gt/wp-content/uploads/downloads/leyes_acuerdos/decreto_10_2012.pdf"},"url":"https://latamref.dev/v1/gt/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"Guatemala publishes no legal interest rate: Art. 1947 of the Código Civil defines it as a formula crystallised on the day it is fixed — the banking system's published weighted-average lending rate of the previous day, less two percentage points.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Código Civil (Decreto Ley 106) art. 1947: 'El interés legal es igual al promedio ponderado de las tasas de interés activas publicadas de los bancos del sistema al día anterior a la fecha de su fijación, reducido en dos puntos porcentuales. A falta de su publicación o en caso de duda o discrepancia, se solicitará informe a la Superintendencia de Bancos, el cual tendrá carácter definitivo'","url":"https://www.sib.gob.gt/informacion-sistema-financiero/tasa-interes/"},"url":"https://latamref.dev/v1/gt/statutory-interest"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2013-01-01","source":{"name":"SAT / Congreso de la República — Decreto 10-2012 (Ley de Actualización Tributaria), Libro I (ISR), Art. 73 (ISR rentas del trabajo en relación de dependencia)","url":"https://portal.sat.gob.gt/portal/wpfd_file/decreto-no-10-2012-ley-de-actualizacion-tributaria-2/"},"url":"https://latamref.dev/v1/gt/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Guatemala (GT): employee and employer shares of each IGSS programme plus the two employer-only institutional levies, with the contribution base exclusions and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ley Orgánica del Instituto Guatemalteco de Seguridad Social (Decreto 295 del Congreso de la República) y los reglamentos de la Junta Directiva del IGSS para los programas de Enfermedad, Maternidad y Accidentes (patrono 7,00 %, trabajador 3,00 %) y de Invalidez, Vejez y Sobrevivencia (patrono 3,67 %, trabajador 1,83 %), que componen la cuota laboral de 4,83 % y la cuota patronal de 10,67 %; Reglamento sobre Recaudación de Contribuciones al Régimen de Seguridad Social, Acuerdo 1118 de la Junta Directiva del IGSS; Decreto 1528 del Congreso de la República, Ley de Creación del Instituto de Recreación de los Trabajadores de la Empresa Privada de Guatemala (IRTRA, 1 % patronal); Decreto 17-72 del Congreso de la República, Ley Orgánica del Instituto Técnico de Capacitación y Productividad (INTECAP, 1 % patronal); Decreto 78-89 y Decreto 37-2001 del Congreso de la República (bonificación incentivo de Q 250,00 mensuales, no computable para efectos de las prestaciones ni de las cuotas del IGSS); salario mínimo mensual vigente en 2026 para la Circunscripción Económica 1, actividades no agrícolas, de Q 4.002,28 más la bonificación incentivo de Q 250,00; Ley de Actualización Tributaria (Decreto 10-2012), deducibilidad de las cuotas de seguridad social en el impuesto sobre la renta de las rentas del trabajo.","url":"https://www.igssgt.org/"},"url":"https://latamref.dev/v1/gt/social-contributions"}]},{"country":"GY","name":"Guyana","currency":"GYD","series":[{"id":"policy-rate","name":"Bank of Guyana Bank Rate (rediscount rate)","description":"The Bank Rate — the rate at which the Bank of Guyana rediscounts eligible paper for licensed depository financial institutions, published as the single 'BANK OF GUYANA — Bank Rate' line in Table 4.1 (Guyana: Selected Interest Rates) of the Bank's monthly Statistical Abstract and on the Bank's homepage rates panel. It is NOT a discretionary policy rate announced by a scheduled monetary policy committee: the Bank of Guyana has no MPC, publishes no monetary policy announcement calendar, and states in its own Annual Report that treasury bill issuance and foreign exchange market intervention are its primary operational tools of monetary policy.","free":false,"stale":false,"last_confirmed":"2026-09-12","confidence":"primary","effective_from":"2013-03-31","source":{"name":"Bank of Guyana — Statistical Abstract, June 2026, Table 4.1 'Guyana: Selected Interest Rates (Percent Per Annum)', row 'BANK OF GUYANA — Bank Rate': 5.00 at every month-end from December 2020 through June 2026; corroborated by Bank of Guyana Annual Report 2025, 'Interest Rates': 'The Bank Rate, which is determined by the 91-day Treasury bill rate, remained unchanged at 5.0 percent at end-December 2025'","url":"https://www.bankofguyana.org.gy/bog3/images/research/Reports/abjun2026.pdf"},"url":"https://latamref.dev/v1/gy/policy-rate"},{"id":"vat","name":"Value-Added Tax standard rate","description":"The single positive rate of value-added tax charged on every taxable supply made in Guyana by a taxable person and on every import of goods or services other than an exempt import. Section 9(1) of the Value-Added Tax Act, Chapter 81:05, does not itself state a rate: it levies the tax 'at a single positive rate to be specified by regulations made by the Minister, which regulations shall be subject to an affirmative resolution of the National Assembly'. The operative rate therefore lives in regulation 2 of the Value-Added Tax Regulations 2005. Administered by the Guyana Revenue Authority.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2017-02-01","source":{"name":"Value-Added Tax Regulations 2005, regulation 2 (Rate of tax under section 9(1) of the Act), as amended by Regulations No. 8 of 2016 — 'The tax imposed under section 9(1) of the Act shall be at a rate of fourteen percent (14%)'; printed in the Value-Added Tax Act, Chapter 81:05 (Act, Regulations, Transitional Regulations) consolidated and reprinted by the Guyana Revenue Authority, revised 27 March 2026","url":"https://www.gra.gov.gy/wp-content/uploads/2026/03/VAT-Act-Regul.-Trans.-Reg.-revised-March-27-2026.pdf"},"url":"https://latamref.dev/v1/gy/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Guyana, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2016-01-01","source":{"name":"Value-Added Tax Act, Act No. 10 of 2005, s.11(1): every person carrying on a taxable activity 'is required to apply for registration within fifteen days of - (a) the end of any period of twelve or fewer months where during that period the person made taxable supplies the total value of which equals or exceeds the amount specified in paragraph 1 of Schedule IV; or (b) the beginning of any period of twelve months where there are reasonable grounds to expect that the total value of taxable supplies ... will equal or exceed' that amount. Schedule IV para 1 delegates the amount to regulations subject to affirmative resolution; Guyana Revenue Authority VAT Policy #24 (Value Added Tax Registration, revised 11 February 2022): 'the taxable activity equals or exceeds the threshold of fifteen million dollars ($15,000,000)', amendment to regulation 3 of the VAT Regulations effective January 2016.","url":"https://www.gra.gov.gy/vat-policy24-value-added-tax-registration-revised-february-11-2022/"},"url":"https://latamref.dev/v1/gy/vat-registration-threshold"},{"id":"minimum-wage","name":"National Minimum Wage (private sector)","description":"The national minimum wage payable to every employed person in Guyana, fixed by Order of the Minister responsible for labour under section 8 of the Labour Act, Chapter 98:01. The Order states the minimum as four equivalent alternatives — per hour, per day, per week and per month, 'as the case may be' — and applies to all workers, not only those in the sectors listed in its Schedule. It binds the PRIVATE sector; the public-sector minimum is set separately through the national budget and public-sector wage agreements and is materially higher (see notes).","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2022-07-01","source":{"name":"Order No. 20 of 2022 — The Labour (National Minimum Wage) Order 2022, made under section 8 of the Labour Act (Cap. 98:01), Official Gazette (Extraordinary) of Guyana, Legal Supplement B, Georgetown, Friday 24th June 2022, clause 3: 'the minimum rate of wages payable to an employed person shall not be less than three hundred and forty-seven dollars per hour or two thousand seven hundred and seventy-six dollars per day or thirteen thousand eight hundred and eighty dollars per week or sixty thousand one hundred and forty-seven dollars per month, as the case may be'; clause 1: comes into operation on 1st July 2022","url":"https://egazette.officialgazette.gov.gy/api/pdf/f058064e-1558-4a28-9806-4e15584a28fa"},"url":"https://latamref.dev/v1/gy/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Public holidays for calendar year 2026 under the Public Holidays Act, Chapter 19:07 (Act 25 of 1919, as amended by 6 of 1967 and 26 of 1969). Section 2 defines a public holiday as a day that is dies non and is kept as a holiday by all banks, educational establishments, public offices and government departments. Section 3(1) fixes a core list; section 3(2) obliges the Minister responsible for public holidays to gazette the dates of that year's Phagwah, Deepavali, Eid-Ul-Azha and Youman Nabi; section 6 lets the Minister appoint any additional or substitute day by notification in the Gazette. In practice the Minister of Home Affairs gazettes essentially every holiday individually, a few weeks ahead.","free":true,"stale":true,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Public Holidays Act, Chapter 19:07, s. 3 and s. 6, consolidated text L.R.O. 1/2012, Laws of Guyana Volume 6 (Ministry of Legal Affairs); individual 2026 dates from Notifications made under the Act by Hon. Oneidge Walrond, M.P., Minister of Home Affairs, published in the Official Gazette Legal Supplement B (Phagwah 14 Feb 2026; Independence Day 16 May 2026; Eid-Ul-Adha 23 May 2026; CARICOM Day extraordinary 27 Jun 2026; Emancipation Day 18 Jul 2026) and on moha.gov.gy (Good Friday and Easter Monday; Labour Day and Arrival Day, both dated 20 April 2026; CARICOM Day)","url":"https://mola.gov.gy/laws/Volume%206%20Cap.%2018.01%20-%2023.011696968337.pdf"},"url":"https://latamref.dev/v1/gy/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, the twelve-month percent change in the All Items Georgetown Consumer Price Index (base December 2009 = 100), compiled and published monthly by the Bureau of Statistics, Guyana. Georgetown is the official national headline CPI; the Bureau separately publishes an All Urban CPI at lower frequency.","free":false,"stale":false,"last_confirmed":"2026-09-11","confidence":"primary","effective_from":"2026-07-01","source":{"name":"BoS Georgetown July 2026.","url":"https://statisticsguyana.gov.gy/subjects/price-indices/consumer-price-index-georgetown-guyana-july-2026/"},"url":"https://latamref.dev/v1/gy/cpi"},{"id":"corporate-tax","name":"Corporation tax standard rate (non-commercial company)","description":"Corporation tax on the chargeable profits of a company resident or carrying on business in Guyana, imposed by the Corporation Tax Act, Chapter 81:03 (Act 30 of 1970), section 10(1). Guyana does not have a single headline rate: section 10(1) sets three rates by class of company, and section 10A(1) applies a dual rate to companies carrying on both commercial and non-commercial activities. The rate served here is the 'any other company' rate — the ordinary rate for manufacturers, service companies, agriculture and every company that is not a commercial company or a telephone company.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2019-01-01","source":{"name":"Corporation Tax Act, Chapter 81:03, section 10(1) — '(a) forty-five percent of chargeable profits of a telephone company; (b) forty percent of the chargeable profits of a commercial company other than a telephone company; (c) twenty-five percent of the chargeable profits of any other company; (d) for small business engaged in manufacturing and construction services and registered with the Small Business Bureau, tax shall be charged at the rate of twenty-five percent' (as amended by Acts 28 of 1991, 13 of 1993, 2 of 2011, 5 of 2017 and 10 of 2019); consolidated and reprinted by the Guyana Revenue Authority, revised 1 April 2026","url":"https://www.gra.gov.gy/wp-content/uploads/2026/04/Corporation-Tax-Revised-April-1.-2026.pdf"},"url":"https://latamref.dev/v1/gy/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding taxes Guyana levies under section 39 of the Income Tax Act Cap. 81:01 on gross distributions, interest and other payments (royalties, management charges, technical and professional fees, rent) to persons not resident in Guyana, at the domestic statutory rates in the Third Schedule, before any double-tax agreement relief. Administered by the Guyana Revenue Authority (GRA).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2004-01-01","source":{"name":"Income Tax Act Cap. 81:01, s.39(1): 'There shall be levied and paid income tax (in this Act referred to as withholding tax) at the rate set out in the Third Schedule - (a) on any gross distribution made to any person not resident in Guyana. (b) on any gross payment not being interest ... made to any person not resident in Guyana ... (c) on gross payment, being interest earned on savings accounts ... (d) ... interest earned on loans secured by bonds and similar instruments ... (e) on every discount earned on treasury bills'. Third Schedule (Appendix 2 of the GRA consolidated Act): from YA 2004 - distributions to non-residents 20%; interest 20%; payments other than interest to non-residents 20%.","url":"https://www.gra.gov.gy/wp-content/uploads/2019/07/IncomeTaxActrevDec18Jan19final.pdf"},"url":"https://latamref.dev/v1/gy/withholding-tax"},{"id":"statutory-interest","name":"Statutory interest on debts and damages","description":"Guyana gives a creditor no interest as of right on an unpaid debt: pre-judgment interest is a judicial discretion capped at 6% per annum, and the only automatic statutory rate is the 4% per annum that runs on a judgment once entered.","free":false,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":null,"source":{"name":"Law Reform (Miscellaneous Provisions) Act, Cap. 6:02 [29 of 1961], s. 12(1): 'In any proceedings tried in any court for the recovery of any debt or damages, the court may, if it thinks fit, order that there should be included in the sum for which judgment is given interest at such rate not exceeding six per cent per annum as it thinks fit'; s. 12(2): 'Every judgment shall carry interest at the rate of four per cent per annum from the time of entering the judgment until the same shall be satisfied'","url":"https://www.mola.gov.gy/laws/Volume%202%20Cap.%203.05%20-%206.021785168024.pdf"},"url":"https://latamref.dev/v1/gy/statutory-interest"},{"id":"income-tax","name":"Personal income tax rates","description":"Rates of income tax on the chargeable income of a person other than a company, set by sections 36 and 36A of the Income Tax Act, Chapter 81:01, together with the personal allowance (personal deduction) under section 20(1)(a). Guyana taxes individuals on an annual chargeable-income basis and collects from employees monthly through PAYE. Chargeable income is total income less the personal allowance and the other statutory deductions in s. 20.","free":false,"stale":false,"last_confirmed":"2026-08-05","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Guyana Revenue Authority - 'Notice to Employers, Employees & Self-Employed Persons: Revised Personal Allowance and Deductions for Income Tax 2026', giving the personal allowance as one million six hundred and eighty thousand dollars ($1,680,000) per year ($140,000 per month) or one third of total income, whichever is greater, and the marginal rates of 25% and 35% under the Income Tax Act, Chapter 81:01, s.36. Replaces a citation to the Act PDF, which the GRA has withdrawn.","url":"https://gra.gov.gy/notice-to-employers-employees-self-employed-persons-revised-personal-allowance-and-deductions-for-income-tax-2026/"},"url":"https://latamref.dev/v1/gy/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Guyana (GY): employee and employer shares of the National Insurance and Social Security Scheme contribution, with the insurable-earnings ceiling and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2020-01-01","source":{"name":"National Insurance Scheme, Guyana — official Contributions page (employee 5.6%, employer 8.4%, total 14% of actual wage or salary; self-employed 12.5%; voluntary contributors 9.3%; insurable earnings ceiling GYD 280,000 monthly and GYD 64,615 weekly; industrial-benefits-only cover for employed persons outside the 16-to-60 age range); NIS notice \"Adjustments to Rates\" (ceiling raised from GYD 256,800 to GYD 280,000 monthly and from GYD 59,262 to GYD 64,615 weekly; minimum Old Age and Invalidity Pension raised to GYD 43,075 and minimum Survivor's Pension to GYD 21,537 per month with effect from 1 January 2025); NIS Weekly Contribution Schedule, form F200F6 CS R0, revision date October 2019 (deduction columns headed EMPLOYER 8.4% and EMPLOYEE 5.6%, with 1.5% for the under-16 and 60-and-over age class, and the 15th-of-the-following-month remittance deadline). Corroboration of the ceiling for 2026: Guyana Revenue Authority notice on revised personal allowance and deductions for income tax 2026, under the Income Tax (Amendment) Act No. 3 of 2026. Governing statute: National Insurance and Social Security Act, Chapter 36:01 of the Laws of Guyana.","url":"https://www.nis.org.gy/information_on_contributions"},"url":"https://latamref.dev/v1/gy/social-contributions"}]},{"country":"HN","name":"Honduras","currency":"HNL","series":[{"id":"policy-rate","name":"Tasa de Política Monetaria (TPM)","description":"Banco Central de Honduras (BCH) monetary policy rate: the maximum rate the BCH accepts on liquidity-absorbing auction bids and minimum on liquidity-providing offers, and the reference rate for interbank operations. Set by the BCH Directorio on recommendation of the Comisión de Operaciones de Mercado Abierto (COMA).","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-07-01","source":{"name":"Official BCH Revisión Programa Monetario 2026-2027 — En ese sentido, el BCH ha mantenido el nivel actual de la TPM en 5.75%","url":"https://www.bch.hn/estadisticos/AM/LIBPROGRAMA%20MONETARIO/Revisi%C3%B3n%20Programa%20Monetario%202026-2027.pdf"},"url":"https://latamref.dev/v1/hn/policy-rate"},{"id":"vat","name":"Impuesto Sobre Ventas (ISV)","description":"General sales tax (VAT-type, tax-exclusive base, credit-debit mechanism) levied on imports and sales of goods and services under the Ley del Impuesto Sobre Ventas, Decreto-Ley No. 24 of 20 December 1963, as amended.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2014-01-01","source":{"name":"Ley del Impuesto Sobre Ventas, Decreto-Ley No. 24 (20-Dic-1963), Art. 6, tasa general reformada por Art. 16 del Decreto No. 278-2013 (La Gaceta No. 33,316, 30-Dic-2013) — Texto Consolidado SEFIN, Dirección General de Política Tributaria","url":"https://www.sefin.gob.hn/wp-content/uploads/2018/06/Texto_Consolidado_Ley_del_Impuesto_sobre_Ventas_27082018.pdf"},"url":"https://latamref.dev/v1/hn/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which sales-tax (ISV) collection becomes compulsory in Honduras, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":"2014-01-01","source":{"name":"Ley del Impuesto Sobre Ventas (Decreto-Ley 24 de 20-12-1963), texto consolidado SAR (hasta Decreto 59-2022), art. 11-A (re-worded by art. 19 del Decreto 278-2013 de 21-12-2013, Ley de Ordenamiento de las Finanzas Públicas): \"Se establece un Régimen Simplificado del Impuesto Sobre Ventas para las personas naturales o jurídicas que tengan un sólo establecimiento de comercio y cuyas ventas gravadas no excedan de DOSCIENTOS CINCUENTA MIL LEMPIRAS EXACTOS (L.250,000.00) anuales, y no se requerirá la presentación de la Declaración Jurada\" ('a Simplified Sales-Tax Regime is established for natural or juridical persons with a single business establishment whose taxable sales do not exceed exactly two hundred and fifty thousand lempiras per year; the [monthly] sworn declaration is not required'). Art. 8: members with prior-year sales \"hasta ... (L.250,000.00), no serán responsables de la recaudación del impuesto, quedando únicamente obligadas a presentar una Declaración Anual de Ventas a más tardar el 31 de enero\" ('will not be responsible for collecting the tax, being obliged only to file an Annual Sales Declaration by 31 January').","url":"https://www.sar.gob.hn/download/texto-consolidado-ley-del-impuesto-sobre-ventas-decreto-ley-numero-24-actualizado-hasta-el-decreto-legislativo-no-59-2022/?wpdmdl=15324"},"url":"https://latamref.dev/v1/hn/vat-registration-threshold"},{"id":"minimum-wage","name":"Salario Mínimo","description":"Statutory monthly minimum wage. Honduras uses a MATRIX: 11 branches of economic activity x 4 firm-size bands (by number of workers), plus a separate regime for maquila/Zonas Libres (ZOLI). Value served is the LOWEST general statutory floor (Agriculture, silviculture, hunting and fishing; firms of 1-10 workers). Fixed by tripartite Acuerdo of the Secretaría de Trabajo y Seguridad Social (SETRASS).","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Acuerdo No. SETRASS-233-2026, publicado en La Gaceta No. 37,129 del 29-Abr-2026 — Tabla de Salario Mínimo vigente a partir del 01-Ene-2026, Dirección General de Salarios, SETRASS","url":"https://www.trabajo.gob.hn/wp-content/uploads/2026/05/TABLA-SALARIO-MINIMO-2026-.pdf"},"url":"https://latamref.dev/v1/hn/minimum-wage"},{"id":"public-holidays","name":"Días Feriados Nacionales","description":"Statutory paid national holidays under Art. 339 of the Código del Trabajo (Decreto No. 189-1959) as amended, with the October holidays consolidated into the 'Feriado Morazánico' (Wed-Fri of the first week of October) by Decreto Legislativo 78-2014, made permanent by Decreto 78-2015. Calendar year 2026 with shift rules applied.","free":true,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Código del Trabajo, Decreto No. 189-1959, Art. 339 (feriados: 1-Ene, 14-Abr, 1-May, 15-Sep, 3-Oct, 12-Oct, 21-Oct, 25-Dic, más jueves, viernes y sábado de Semana Santa) y Decreto Legislativo No. 78-2015 (Feriado Morazánico); reglas cotejadas en alerta laboral de BDS Asesores","url":"https://tsc.gob.hn/web/leyes/codigo_de_trabajo.pdf"},"url":"https://latamref.dev/v1/hn/public-holidays"},{"id":"cpi","name":"Inflación Interanual (IPC)","description":"Year-over-year change in the Índice de Precios al Consumidor published monthly by the Banco Central de Honduras (BCH). New base Diciembre 2025=100 (introduced January 2026): 405 goods/services, 13 CCIF-2018 divisions, 8 regions, weights from ENIGH 2023-2024.","free":false,"stale":true,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2026-06-01","source":{"name":"BCH, Índice de Precios al Consumidor, Mensual - junio 2026 (Base Diciembre 2025=100), Subgerencia de Estudios Económicos, Cuadro No.1","url":"https://www.bch.hn/estadisticos/GIE/LIBIPC/%C3%8Dndice%20de%20Precios%20al%20Consumidor%20Junio%202026.pdf"},"url":"https://latamref.dev/v1/hn/cpi"},{"id":"corporate-tax","name":"Impuesto Sobre la Renta - Personas Jurídicas","description":"Corporate income tax rate on net taxable income (renta neta gravable) under Art. 22 inciso a) of the Ley del Impuesto Sobre la Renta, Decreto-Ley No. 25 of 20 December 1963, as amended; plus the 5% Aportación Solidaria surtax above L1,000,000.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2014-01-01","source":{"name":"Ley del Impuesto Sobre la Renta, Decreto-Ley No. 25 (20-Dic-1963) y sus reformas, Art. 22 inciso a) — confirmado en FAQ oficial del Servicio de Administración de Rentas (SAR): 'Las Personas Jurídicas pagarán una tarifa de veinticinco por ciento (25%) sobre el total de la renta neta gravable'","url":"https://www.sar.gob.hn/helpie_faq/cual-es-la-tasa-del-impuesto-sobre-la-renta-para-persona-juridica/"},"url":"https://latamref.dev/v1/hn/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The income tax Honduras levies on Honduran-source gross income of non-resident or non-domiciled persons under Articulo 5 of the Ley del Impuesto Sobre la Renta (Decreto-Ley No. 25 of 1963, as amended) - a schedular list of payment types each with its own rate, collected by withholding at source. Administered by the Servicio de Administracion de Rentas (SAR).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2012-12-04","source":{"name":"Ley del Impuesto Sobre la Renta, Decreto-Ley No. 25, texto consolidado conforme Acuerdo SAR No. 014-2023, Articulo 5: 'Los ingresos brutos obtenidos de fuente hondurena por personas naturales y juridicas no residentes o no domiciliadas en el pais, deben pagar el impuesto de conformidad a los porcentajes que se detallan a continuacion'","url":"https://www.afpoccidente.hn/cmsbanco/responsive_filemanager/source/Documentos/AFPC%20DOCUMENTOS/Educacion%20F/Ley%20del%20Impuesto%20Sobre%20la%20Renta%20acuerdo%20SAR%20No.014-2023.pdf"},"url":"https://latamref.dev/v1/hn/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"Honduras' legal interest: a fixed 6% per annum under Art. 1367 of the Código Civil, owed on a money debt in default where no rate was agreed; the parallel mercantile rate is delegated to the Treasury and has no traceable published fixing.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"1906-03-01","source":{"name":"Código Civil art. 1367: 'Si la obligación consistiere en el pago de una cantidad de dinero, y el deudor incurriere en mora, la indemnización de daños y perjuicios, no habiendo pacto en contrario, consistirá en el pago de los intereses convenidos, y a falta de convenio, en el interés legal. El interés legal es el seis por ciento anual'","url":"https://www.oas.org/dil/esp/codigo_civil_honduras.pdf"},"url":"https://latamref.dev/v1/hn/statutory-interest"},{"id":"income-tax","name":"Impuesto Sobre la Renta - Personas Naturales (Tabla Progresiva 2026)","description":"Progressive personal income tax bands on annual net taxable income (renta neta gravable), indexed each year to the prior-year CPI variation per Art. 22 of the Ley del ISR (Decreto-Ley No. 25 de 1963) as reformed by Decreto 20-2016; 2026 table published by SAR.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2026-01-01","source":{"name":"SAR, Comunicado 02-2026 'Actualización Tabla Progresiva 2026' (Tegucigalpa, 07-Ene-2026), conforme al Art. 22 de la Ley del ISR reformado por Decreto 20-2016","url":"https://www.sar.gob.hn/2026/01/actualizacion-de-la-tabla-progresiva-2026/"},"url":"https://latamref.dev/v1/hn/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Honduras (HN): employee and employer shares of each statutory regime, with the ceilings, the floor and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-15","confidence":"secondary","effective_from":"2026-01-01","source":{"name":"Diario Oficial La Gaceta No. 36,545 de 28 de mayo de 2024 (Empresa Nacional de Artes Gráficas), carrying Decretos Nos. 47-2024 y 48-2024. Decreto 48-2024 is the \"LEY PARA LA REGULACIÓN DE LAS APORTACIONES Y COTIZACIONES DEL INSTITUTO HONDUREÑO DE SEGURIDAD SOCIAL (IHSS)\"; Decreto 47-2024 is the \"LEY DEL FONDO DE RESERVA LABORAL DE CAPITALIZACIÓN INDIVIDUAL ADMINISTRADO POR EL RÉGIMEN DE APORTACIONES PRIVADAS (RAP)\" and the reform of the RAP law. Read from the gazette: the IVM rates and the contribution ceilings (arts. 1 and 2), the FOVIIF 1.5% + 1.5% (RAP art. 43) and the 4% Fondo de Reserva Laboral. The Enfermedad y Maternidad RATES are not recoverable from this scan and keep their separate attribution.","url":"https://www.enag.gob.hn/index.php/gaceta-digital/20240528-36545/download"},"url":"https://latamref.dev/v1/hn/social-contributions"}]},{"country":"JM","name":"Jamaica","currency":"JMD","series":[{"id":"policy-rate","name":"Bank of Jamaica policy rate (rate on DTI current account balances at BOJ)","description":"The Bank of Jamaica policy rate — defined by BOJ as the rate of interest paid on overnight balances held by deposit-taking institutions (DTIs) in their current accounts at Bank of Jamaica. Set by the BOJ Monetary Policy Committee under the Bank of Jamaica Act (as amended 2020, which created the statutory MPC and the inflation-targeting mandate); eight scheduled decision announcements per year.","free":false,"stale":false,"last_confirmed":"2026-09-12","confidence":"primary","effective_from":"2026-02-24","source":{"name":"Bank of Jamaica — Summary of Decisions, February 2026 MPC meeting: 'reduce the policy rate by 25 basis points to 5.50 per cent per annum, effective 24 February 2026'; reaffirmed verbatim in the Summary of Decisions and Monetary Policy Press Release for the 25-26 June 2026 meeting — 'maintain the policy rate (the rate offered to deposit-taking institutions (DTIs) on their current account balances at BOJ) at 5.50 per cent per year'","url":"https://boj.org.jm/summary-of-decisions-june-2026/"},"url":"https://latamref.dev/v1/jm/policy-rate"},{"id":"vat","name":"General Consumption Tax (GCT) standard rate","description":"Jamaica has no VAT; the equivalent broad-based consumption tax is the General Consumption Tax levied under the General Consumption Tax Act (1991) and administered by Tax Administration Jamaica (TAJ). This series carries the standard rate applied to standard-rated supplies of goods and services.","free":false,"stale":false,"last_confirmed":"2026-09-12","confidence":"primary","effective_from":"2020-04-01","source":{"name":"Jamaica Information Service (Government of Jamaica) — 'Gov't Announces $18 Billion In Tax Cuts', 2020/21 Budget: 'Reduction of the General Consumption Tax (GCT) rate from 16.5 per cent to 15 per cent', effective 1 April 2020; corroborated by the Ministry of Finance & the Public Service Revenue Measures FY2026/27 (tabled 12 February 2026), which raises the tourism GCT rate 'to 15 per cent' — i.e. to the standard rate — effective 1 April 2027","url":"https://jis.gov.jm/govt-announces-18-billion-in-tax-cuts/"},"url":"https://latamref.dev/v1/jm/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST (GCT) registration becomes compulsory in Jamaica, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2025-04-01","source":{"name":"Tax Administration Jamaica, General Consumption Tax (official portal page, under the General Consumption Tax Act): 'All persons engaged in a taxable activity are required to apply for registration under the GCT Act'; registration as a Registered Taxpayer turns on the gross value of supplies: 'Effective April 1, 2025, that value of supply is $15,000,000 over a 12-month period or an average of $1,250,000 per month for a shorter period', and 'Where a person is engaged in a mixed activity (taxable and exempt), their exempt supplies must be included when computing the gross value of supplies.' Raised from JMD 10,000,000 (in force since 1 April 2019 per TAJ Technical Advisory of 10 April 2019) by the FY2025/26 revenue measures announced 11 March 2025.","url":"https://www.jamaicatax.gov.jm/general-consumption-tax1/"},"url":"https://latamref.dev/v1/jm/vat-registration-threshold"},{"id":"minimum-wage","name":"National minimum wage (per 40-hour week)","description":"Jamaica's national minimum wage is set as a WEEKLY figure for a 40-hour work week by order of the Minister of Labour and Social Security under the Minimum Wage Act, on the recommendation of the Minimum Wage Advisory Commission, and approved by resolution of the House of Representatives. A separate, higher order covers industrial security guards.","free":false,"stale":false,"last_confirmed":"2026-09-12","confidence":"primary","effective_from":"2026-07-01","source":{"name":"Jamaica Information Service — 'Minimum Wage Moves to $17,000, Up from $16,000': the House of Representatives approved the National Minimum Wage (Amendment) Order, 2026 and the Minimum Wage (Industrial Security Guards) (Amendment) Order, 2026 on Tuesday 23 June 2026, raising the national minimum wage from $16,000 to $17,000 per 40-hour work week effective 1 July 2026 (Minister of Labour and Social Security, Hon. Pearnel Charles Jr.)","url":"https://jis.gov.jm/minimum-wage-moves-to-17000-up-from-16000/"},"url":"https://latamref.dev/v1/jm/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Jamaica's ten statutory public holidays, scheduled under the Holidays (Public General) Act. Where a holiday falls on a weekend, the Minister of Labour and Social Security issues a notice under Section 2 of the Act fixing the day of observance. Calendar year 2026.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ministry of Labour and Social Security notices under Section 2 of the Holidays (Public General) Act, published by the Jamaica Information Service: 'Observance of National Labour Day 2026' (Labour Day, falling Saturday 23 May 2026, observed Monday 25 May 2026; Saturday 23 May 2026 is not a public holiday) and 'Emancipation Day to be Observed on Saturday, August 1, 2026'","url":"https://jis.gov.jm/observance-of-national-labour-day-2026/"},"url":"https://latamref.dev/v1/jm/public-holidays"},{"id":"cpi","name":"CPI inflation (point-to-point, year-on-year)","description":"All Jamaica Consumer Price Index point-to-point (12-month) inflation rate, produced monthly by the Statistical Institute of Jamaica (STATIN), base period 2019=100. Bank of Jamaica's inflation target is 4.0-6.0 per cent.","free":false,"stale":false,"last_confirmed":"2026-08-22","confidence":"primary","effective_from":"2026-07-01","source":{"name":"Bank of Jamaica — Monetary Policy Press Release, August 2026 (MPC meetings 14 and 17 August 2026, published 19 August 2026), citing STATIN: 'headline inflation at July 2026 was 7.5 per cent, which is above the 6.7 per cent recorded at June 2026 and the 3.3 per cent recorded at July 2025', the second consecutive month since September 2024 above the 4.0-6.0 per cent target range; core inflation at July 2026 was 5.2 per cent (5.0 per cent at June 2026); policy rate held at 5.50 per cent","url":"https://boj.org.jm/monetary-policy-press-release-august-2026/"},"url":"https://latamref.dev/v1/jm/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Corporate income tax under the Income Tax Act, administered by Tax Administration Jamaica. Jamaica applies a split headline rate: unregulated companies and regulated companies are taxed at different rates, so this series carries the standard (unregulated-company) rate with the regulated rate in notes.","free":false,"stale":false,"last_confirmed":"2026-09-12","confidence":"primary","effective_from":"2013-01-01","source":{"name":"Jamaica Information Service — 'New threshold and corporate income tax rate January 1': 'unregulated companies will see a reduction in the rate of Corporate Income Tax (CIT) to 25%, down from 33 1/3%', effective 1 January 2013; the 33⅓% rate is retained for entities regulated by the Financial Services Commission, the Office of Utilities Regulation, the Bank of Jamaica and the Ministry of Finance","url":"https://jis.gov.jm/new-threshold-and-corporate-income-tax-rate-january-1/"},"url":"https://latamref.dev/v1/jm/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The income tax Jamaica requires payers to deduct from payments to non-residents under the Income Tax Act - dividends at 15% (since 1 April 2025), and interest, royalties, management fees and similar Jamaican-source payments at the recipient's general rate, 33 1/3% for non-resident companies and 25% for non-resident individuals - each at its domestic statutory rate before any double-tax agreement relief. Administered by Tax Administration Jamaica (TAJ).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"secondary","effective_from":"2025-04-01","source":{"name":"PwC Worldwide Tax Summaries - Jamaica, Corporate: Withholding taxes (reflecting the Income Tax Act and the 2025/26 Budget measures): 'Tax is imposed on certain sources of income (e.g. interest, dividends, royalties, annuities, rentals, insurance premiums, and service fees) by way of withholding at a rate of 33 1/3% for non-resident corporations'; 'With effect from 1 April 2025, the rate of WHT on dividends paid to non-residents (whether individuals or companies) has been reduced to 15%'","url":"https://taxsummaries.pwc.com/jamaica/corporate/withholding-taxes"},"url":"https://latamref.dev/v1/jm/withholding-tax"},{"id":"statutory-interest","name":"Statutory interest on judgment debts","description":"Jamaica has no general statutory late-payment rate. Judgment debts carry interest under section 51 of the Judicature (Supreme Court) Act at six per centum per annum 'or such other rate per annum as the Minister may by order from time to time prescribe' — and the Minister has exercised that power, so the operative figure is set by a subsidiary order that is not published in the official revised-laws database.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Judicature (Supreme Court) Act (Jamaica), s. 51(1): 'Every judgment debt shall in the Supreme Court carry interest at the rate of six per centum per annum or such other rate per annum as the Minister may by order from time to time prescribe in lieu thereof, from the time of entering up the judgment, until the same shall be satisfied, and such interest may be levied under a writ of execution on such judgment'; s. 51(3): 'Every order under subsection (1) shall be subject to negative resolution of the House of Representatives'","url":"https://laws.moj.gov.jm/legislation/statutes/J/Judicature%20(Supreme%20Court)%20Act.pdf"},"url":"https://latamref.dev/v1/jm/statutory-interest"},{"id":"income-tax","name":"Personal income tax rates and threshold","description":"Personal income tax (PAYE) on the chargeable income of resident individuals under the Income Tax Act, administered by Tax Administration Jamaica. Income below the annual tax-free threshold is not taxed; two marginal rates apply above it, with the higher rate biting above JMD 6,000,000 of statutory income.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2026-04-01","source":{"name":"Jamaica Information Service — 'Increase in Income Tax Threshold Now in Effect' (Tax Administration Jamaica advisory, April 2026): annual personal income tax threshold raised from JMD 1,799,376 to JMD 1,902,360 effective 1 April 2026 (weekly JMD 36,583.85; fortnightly JMD 73,234.90; monthly JMD 158,530). Rate structure of 25% on chargeable income and 30% above JMD 6,000,000 of statutory income introduced by the 2016 income tax reform (TAJ Technical Guidance Note 2016.01.IT, revised)","url":"https://jis.gov.jm/increase-in-income-tax-threshold-now-in-effect/"},"url":"https://latamref.dev/v1/jm/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Jamaica (JM): employee and employer shares of the four separate statutory payroll charges — National Insurance Scheme, National Housing Trust, Education Tax and the HEART/NSTA levy — with their different bases, the NIS ceiling and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2022-04-01","source":{"name":"Tax Administration Jamaica, \"Payroll Taxes and Statutory Contributions (Employee / Employer)\", updated April 2025 — Table 5 (Rates of Taxes & Contributions: NIS 3%/3% on gross emoluments not exceeding $5,000,000; NHT 2%/3% on gross emoluments; Education Tax 2.25%/3.5% on statutory income; HEART not applicable/3% on gross emolument if the employer's payroll costs exceed $173,328 per annum), the definitions of gross emoluments and statutory income, the income-tax threshold tables for years of assessment 2024 to 2027, and three fully worked payroll computations applying the NIS monthly ceiling of $5,000,000/12. Ministry of Labour and Social Security, National Insurance Scheme department (rates from April 2020; National Insurance Act and National Insurance Regulations). Ministry of Finance and the Public Service, \"Securing NIS for the Future\" (the phased increase of the combined rate from 5.0% to 5.5% in April 2019 and 6.0% in April 2020, and of the insurable wage ceiling to $3 million in 2021 and $5 million in 2022). National Housing Trust (employee contributions refundable in the eighth year after each contribution; employer contributions not refundable). Governing statutes: National Insurance Act, National Housing Trust Act, Education Tax Act, HEART Act 1982 as amended 2003.","url":"https://www.jamaicatax.gov.jm/documents/10194/53547865/Payroll+Taxes+and+Statutory+Contributions+(Employee+Employer).pdf"},"url":"https://latamref.dev/v1/jm/social-contributions"}]},{"country":"MX","name":"Mexico","currency":"MXN","series":[{"id":"policy-rate","name":"Banxico overnight target rate","description":"Banco de México objetivo para la Tasa de Interés Interbancaria a 1 día (overnight interbank target rate), set by the Junta de Gobierno at its scheduled monetary policy announcements.","free":false,"stale":false,"last_confirmed":"2026-08-07","confidence":"primary","effective_from":"2026-05-07","source":{"name":"Banco de México — Anuncios de las decisiones de política monetaria","url":"https://www.banxico.org.mx/publicaciones-y-prensa/anuncios-de-las-decisiones-de-politica-monetaria/anuncios-politica-monetaria-t.html"},"url":"https://latamref.dev/v1/mx/policy-rate"},{"id":"statutory-interest","name":"Statutory default interest (interés legal / moratorio)","description":"Mexico's statutory late-payment interest: 6% annual for commercial debts under Código de Comercio art. 362, with the civil-law legal interest of 9% annual (Código Civil Federal art. 2395) served as a variant.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"secondary","effective_from":null,"source":{"name":"Código de Comercio art. 362: debtors in default 'deberán satisfacer, desde el día siguiente al del vencimiento, el interés pactado para este caso, o en su defecto el seis por ciento anual' (shall pay, from the day after maturity, the agreed rate or in its absence six per cent annual)","url":"https://www.diputados.gob.mx/LeyesBiblio/pdf/CCom.pdf"},"url":"https://latamref.dev/v1/mx/statutory-interest"},{"id":"vat","name":"IVA standard rate","description":"Impuesto al Valor Agregado (IVA) tasa general — standard value-added tax rate.","free":false,"stale":false,"last_confirmed":"2026-08-05","confidence":"primary","effective_from":"2014-01-01","source":{"name":"Ley del Impuesto al Valor Agregado, Artículo 1o. (texto vigente, Orden Jurídico Nacional — Segob)","url":"http://www.ordenjuridico.gob.mx/Documentos/Federal/html/wo22.html"},"url":"https://latamref.dev/v1/mx/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Mexico, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-08","confidence":"primary","effective_from":null,"source":{"name":"Orden Jurídico Nacional (SEGOB, official federal legal-order portal), consolidated LIVA (última reforma DOF 12-11-2021): Art. 1o. — 'Están obligadas al pago del impuesto al valor agregado establecido en esta Ley, las personas físicas y las morales que, en territorio nacional, realicen los actos o actividades siguientes...'; Art. 18-D — 'Los residentes en el extranjero sin establecimiento en México que proporcionen servicios digitales ... I. Inscribirse en el Registro Federal de Contribuyentes'. Entry-into-force quote from the decree as published in the Diario Oficial: https://dof.gob.mx/nota_detalle.php?codigo=5581292&fecha=09/12/2019 (also loaded this session).","url":"http://www.ordenjuridico.gob.mx/Documentos/Federal/pdf/wo22.pdf"},"url":"https://latamref.dev/v1/mx/vat-registration-threshold"},{"id":"minimum-wage","name":"General minimum wage (daily)","description":"Salario mínimo general diario set by the Comisión Nacional de los Salarios Mínimos (CONASAMI), plus the separate Zona Libre de la Frontera Norte (ZLFN) daily rate. Usually effective 1 January.","free":false,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"2026-01-01","source":{"name":"CONASAMI — Incremento a los Salarios Mínimos para 2026 (Gobierno de México)","url":"https://www.gob.mx/conasami/articulos/incremento-a-los-salarios-minimos-para-2026?idiom=es"},"url":"https://latamref.dev/v1/mx/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Días de descanso obligatorio (statutory obligatory rest days) per Artículo 74 of the Ley Federal del Trabajo, calendar year 2026.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"secondary","effective_from":"2026-01-01","source":{"name":"Ley Federal del Trabajo, Artículo 74 (PROFEDET — Procuraduría Federal de la Defensa del Trabajo, STPS)","url":"https://www.profedet.gob.mx/micrositio/index.php/dias-de-descanso"},"url":"https://latamref.dev/v1/mx/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-08-01","source":{"name":"INEGI Boletín 586/26, 9 Sep 2026 — La inflación anual fue de 3.26 % en agosto de 2026","url":"https://www.inegi.org.mx/contenidos/saladeprensa/boletines/2026/inpc/inpc_2q2026_09.pdf"},"url":"https://latamref.dev/v1/mx/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2014-01-01","source":{"name":"Ley del Impuesto sobre la Renta (LISR), Artículo 9o. — Cámara de Diputados, texto vigente","url":"https://www.diputados.gob.mx/LeyesBiblio/pdf/LISR.pdf"},"url":"https://latamref.dev/v1/mx/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding taxes Mexico levies on payments to residents abroad ('residentes en el extranjero') with Mexican-source income - dividends, interest, royalties and technical assistance - under Título V of the Ley del Impuesto sobre la Renta (LISR), each at its domestic statutory rate before any tax-treaty relief. Administered by the SAT.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2014-01-01","source":{"name":"Ley del Impuesto sobre la Renta, Título V (arts. 153-175): art. 164 (dividends, 'tasa adicional del 10% sobre las utilidades'), art. 166 (interest, tiers of 4.9%/10%/15%/21% and the art. 152 maximum rate of 35%), art. 167 (royalties and technical assistance, 1%/5%/25% and the art. 152 maximum rate for patents and trademarks)","url":"https://www.diputados.gob.mx/LeyesBiblio/pdf/LISR.pdf"},"url":"https://latamref.dev/v1/mx/withholding-tax"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule (income bands and marginal rates) for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2026-01-01","source":{"name":"SAT — Anexo 8 de la Resolución Miscelánea Fiscal para 2026, Sección C.II (Tarifa para el cálculo del impuesto del ejercicio 2026, arts. 97 y 152 LISR), DOF 28-12-2025","url":"https://www.sat.gob.mx/minisitio/NormatividadRMFyRGCE/documentos2026/rmf/anexos/Anexo-8-RMF-2026_DOF-28122025.pdf"},"url":"https://latamref.dev/v1/mx/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Mexico (MX): employee and employer shares of each statutory branch, with the ceilings and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-08","confidence":"primary","effective_from":"2026-02-01","source":{"name":"Ley del Seguro Social (nueva ley DOF 21-12-1995; texto vigente, última reforma DOF 15-01-2026), arts. 25 §2, 28, 36, 38, 70, 71, 72, 73, 74, 106, 107, 147, 148, 167, 168, 211, 212, and Artículos Décimo Noveno and Vigésimo Quinto Transitorios (DOF 21-12-1995) and Vigésimo Séptimo Transitorio; DECRETO por el que se reforman... la Ley del Seguro Social y la Ley de los SAR, en materia de pensiones (DOF 16-12-2020) — art. 168 fr. II and ARTÍCULO SEGUNDO TRANSITORIO (gradual CEAV employer table 2023–2030); Ley del INFONAVIT (DOF 24-04-1972; última reforma DOF 21-02-2025), art. 29 fr. II (5%) and art. 35; INEGI, Unidad de Medida y Actualización 2026, DOF 09-01-2026 (ceilings/floors/quota base); CONASAMI, Resolución que fija los salarios mínimos generales y profesionales vigentes a partir del 1 de enero de 2026, DOF 09-12-2025 (SBC floor); CPEUM art. 26 ap. B and Artículo Tercero Transitorio del Decreto de desindexación del salario mínimo, DOF 27-01-2016 (SM→UMA); Ley del ISR arts. 25 fr. VI, 28 fr. I, 93 fr. XII, 96, 151 (deductibility).","url":"https://www.diputados.gob.mx/LeyesBiblio/pdf/LSS.pdf"},"url":"https://latamref.dev/v1/mx/social-contributions"},{"id":"fx-reference","name":"Banxico FIX exchange rate","description":"Official Mexican peso exchange rates from the Banco de Mexico: the FIX (the USD/MXN determination rate published in the Diario Oficial de la Federacion) plus the daily EUR, GBP and JPY peso quotations Banxico publishes.","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-09-11","source":{"name":"Banco de Mexico — FIX and peso quotations (SIE API), determination of 2026-09-11","url":"https://www.banxico.org.mx/tipcamb/main.do"},"url":"https://latamref.dev/v1/mx/fx-reference"}]},{"country":"NI","name":"Nicaragua","currency":"NIO","series":[{"id":"policy-rate","name":"BCN Tasa de Referencia Monetaria (TRM)","description":"Banco Central de Nicaragua Tasa de Referencia Monetaria — the reference rate the BCN uses to signal the córdoba cost of its 1-day liquidity operations. Created in August 2019 by Consejo Directivo resolution CD-BCN-XLII-1-19; it anchors the BCN interest-rate corridor whose ceiling is the Ventanilla de Reportos Monetarios (VRM) rate and whose floor is the Ventanilla de Depósitos Monetarios (VDM) rate. Announced by comunicado at a roughly monthly cadence.","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-08-06","source":{"name":"Official BCN press PDF dated Managua, 6 August 2026 — El Banco Central de Nicaragua (BCN) informa que decidió mantener la Tasa de Referencia Monetaria (TRM) en 5.75 por ciento.","url":"https://www.bcn.gob.ni/sites/default/files/noticias/notas_prensa/2026/nptrm6826.pdf"},"url":"https://latamref.dev/v1/ni/policy-rate"},{"id":"vat","name":"IVA standard rate","description":"Impuesto al Valor Agregado (IVA), alícuota general — Artículo 109 of Ley N.º 822, Ley de Concertación Tributaria (LCT), approved 30 Nov 2012 and published in La Gaceta, Diario Oficial N.º 241 of 17 Dec 2012.","free":false,"stale":false,"last_confirmed":"2026-08-05","confidence":"primary","effective_from":"2013-01-01","source":{"name":"Ley N.º 822, Ley de Concertación Tributaria, Artículo 109 'Alícuotas' — texto en el sistema de Normas Jurídicas de la Asamblea Nacional de Nicaragua (legislacion.asamblea.gob.ni)","url":"http://legislacion.asamblea.gob.ni/normaweb.nsf/9e314815a08d4a6206257265005d21f9/b39837c79f7eaf4206257afb0052c524?OpenDocument="},"url":"https://latamref.dev/v1/ni/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which IVA collection becomes compulsory in Nicaragua, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":"2013-01-01","source":{"name":"Ley N.º 822, Ley de Concertación Tributaria, Arts. 245, 246 y 251 (Título VIII, Impuesto de Cuota Fija) — texto en el sistema de Normas Jurídicas de la Asamblea Nacional de Nicaragua (legislacion.asamblea.gob.ni)","url":"http://legislacion.asamblea.gob.ni/normaweb.nsf/9e314815a08d4a6206257265005d21f9/b39837c79f7eaf4206257afb0052c524?OpenDocument="},"url":"https://latamref.dev/v1/ni/vat-registration-threshold"},{"id":"minimum-wage","name":"Minimum wage (sectoral schedule)","description":"Nicaragua has NO single national minimum wage. Under Ley N.º 625, Ley de Salario Mínimo (La Gaceta N.º 120 of 26 Jun 2007), the tripartite Comisión Nacional de Salario Mínimo (government, employers, unions), convened and chaired by the Ministra del Trabajo, fixes a MONTHLY minimum per ECONOMIC SECTOR; the fixing is then promulgated by MITRAB acuerdo ministerial. Art. 4 of Ley 625 requires the Commission to be convened for each new period. The value below is the full sectoral schedule; the floor is the agropecuario rate.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2026-03-01","source":{"name":"MITRAB — Acuerdo Ministerial No. 02-2026, 'Sobre la aplicación de los salarios mínimos aprobados por la Comisión Nacional de Salario Mínimo', signed in Managua on 5 March 2026 by la Ministra del Trabajo Cra. Johana Vanessa Flores Jiménez (Comisión convened under Art. 4 Ley N.º 625 and sitting on 5 Mar 2026)","url":"http://www.mitrab.gob.ni/documentos/acuerdos/PDF.pdf"},"url":"https://latamref.dev/v1/ni/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Feriados nacionales obligatorios con derecho a descanso y salario under Art. 66 of Ley N.º 185, Código del Trabajo, AS REFORMED by Ley N.º 1272 (La Gaceta N.º 11, 20 Jan 2026) — calendar year 2026, fourteen mandatory paid national holidays.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-20","source":{"name":"Ley N.º 1272, 'Ley que Declara el dieciocho de enero, dos de febrero, veintiuno de febrero y ocho de noviembre, Feriados Nacionales', Art. 2 (reforma del Art. 66 de la Ley N.º 185, Código del Trabajo) — La Gaceta, Diario Oficial N.º 11 del 20 de enero de 2026, pág. 414; enacted at León 18 Jan 2026, promulgated 19 Jan 2026, in force on publication","url":"http://digesto.asamblea.gob.ni/consultas/util/pdf.php?type=rdd&rdd=lVvgbs0yB2k%3D"},"url":"https://latamref.dev/v1/ni/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Índice de Precios al Consumidor (IPC) nacional, variación interanual, latest published month, from INIDE (Instituto Nacional de Información de Desarrollo), the national statistics office. Published monthly with a nota de prensa, informe and Excel tables.","free":false,"stale":true,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-06-01","source":{"name":"INIDE — Nota de Prensa de Inflación, junio 2026 (Índice de Precios al Consumidor, publicación mensual)","url":"https://www.inide.gob.ni/docs/ipc/ipc_2026/ipc_jun26/Nota_de_Prensa_de_Inflaci%c3%b3n_junio_2026.pdf"},"url":"https://latamref.dev/v1/ni/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"IR de rentas de actividades económicas — the headline income tax rate on the net income of resident companies and other taxpayers listed in Art. 31 LCT, under Artículo 52 of Ley N.º 822, Ley de Concertación Tributaria.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2013-01-01","source":{"name":"Ley N.º 822, Ley de Concertación Tributaria, Artículo 52 'Alícuotas del IR' (texto vigente: primer párrafo original, segundo párrafo derogado por el Artículo quinto letra b) de la Ley N.º 891, La Gaceta N.º 240 del 18 de diciembre de 2014)","url":"http://legislacion.asamblea.gob.ni/normaweb.nsf/9e314815a08d4a6206257265005d21f9/b39837c79f7eaf4206257afb0052c524?OpenDocument="},"url":"https://latamref.dev/v1/ni/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The definitive withholding taxes (retenciones definitivas) Nicaragua levies on payments to non-residents under Ley No. 822, Ley de Concertacion Tributaria, as reformed by Ley No. 987 of 2019 - dividends, interest and royalties as rentas de capital, plus non-resident economic activities and employment income - each at its domestic statutory rate before any double-tax agreement relief. Administered by the Direccion General de Ingresos (DGI).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2019-02-28","source":{"name":"Ley No. 987, Ley de Reformas y Adiciones a la Ley No. 822, Ley de Concertacion Tributaria, aprobada 27 de febrero de 2019, publicada en La Gaceta, Diario Oficial No. 41 del 28 de febrero de 2019 - reforming Arto. 24, 49, 53, 81 and 87 of Ley 822 (Normas Juridicas de Nicaragua, Asamblea Nacional)","url":"http://legislacion.asamblea.gob.ni/Normaweb.nsf/($All)/CC88B8A39B27B4B7062583B3007ACB85"},"url":"https://latamref.dev/v1/ni/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"Nicaragua's legal interest: a fixed 9% per annum under Arts. 1867 and 3402 of the Código Civil, owed as the damages measure on a money debt in default where no rate was agreed.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"1904-05-05","source":{"name":"Código Civil de la República de Nicaragua, arto. 1867: 'Si la obligación consistiere en el pago de una cantidad de dinero, y el deudor incurriere en mora, la indemnización de daños y perjuicios, no habiendo pacto en contrario, consistirá en el pago de los intereses convenidos; y, a falta de convenio, en el interés legal. Mientras no se fije otro por la ley, se considerará como legal el interés del nueve por ciento del año'; arto. 3402: 'El interés legal es el de nueve por ciento anual'","url":"https://www.oas.org/dil/esp/Codigo_Civil_Nicaragua.pdf"},"url":"https://latamref.dev/v1/ni/statutory-interest"},{"id":"income-tax","name":"Personal income tax brackets","description":"IR de rentas del trabajo — the progressive annual tariff applied to the net employment income of resident individuals, Artículo 23 of Ley N.º 822, Ley de Concertación Tributaria. Amounts are ANNUAL córdobas and are not indexed.","free":false,"stale":false,"last_confirmed":"2026-08-05","confidence":"primary","effective_from":"2013-01-01","source":{"name":"Ley N.º 822, Ley de Concertación Tributaria, Artículo 23 'Tarifa' (texto vigente: tabla original, último párrafo derogado por el Artículo quinto letra a) de la Ley N.º 891, La Gaceta N.º 240 del 18 de diciembre de 2014)","url":"http://legislacion.asamblea.gob.ni/normaweb.nsf/9e314815a08d4a6206257265005d21f9/b39837c79f7eaf4206257afb0052c524?OpenDocument="},"url":"https://latamref.dev/v1/ni/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Nicaragua (NI) under the Régimen Integral of the INSS: employee and employer shares of each statutory branch, with the floor and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2019-02-01","source":{"name":"Decreto-Ley No. 975, Reglamento General de la Ley de Seguridad Social, TEXTO CONSOLIDADO as published by the Asamblea Nacional de la República de Nicaragua (Digesto Jurídico Nicaragüense), artículos 1 letra i), 2, 5–10, 11, 16, 17, 18, 19 and 20 — the contribution percentages in artículo 11 being those in force \"a partir del 1 de febrero de 2019\" following the 2019 reform of the Reglamento, and artículo 16 recording the abolition of the maximum contributory remuneration from the same date; Instituto Nicaragüense de Seguridad Social (INSS), regímenes de afiliación.","url":"http://legislacion.asamblea.gob.ni/normaweb.nsf/9e314815a08d4a6206257265005d21f9/b56e2a9860626a2b062588000059dd68"},"url":"https://latamref.dev/v1/ni/social-contributions"}]},{"country":"PA","name":"Panama","currency":"PAB","series":[{"id":"policy-rate","name":"Monetary policy rate","description":"Central-bank policy interest rate. Panama has no central bank and no policy rate: this series is a structural null.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"1904-06-28","source":{"name":"Constitución Política de la República de Panamá, arts. 261-262 (Texto Único, G.O. 25176 de 15 de noviembre de 2004); Ley 84 de 28 de junio de 1904 (crea el balboa); Convenio Monetario Panamá-EE.UU. de 20 de junio de 1904","url":"https://pdba.georgetown.edu/Parties/Panama/Leyes/constitucion.pdf"},"url":"https://latamref.dev/v1/pa/policy-rate"},{"id":"vat","name":"ITBMS (VAT) standard rate","description":"Impuesto a la Transferencia de Bienes Corporales Muebles y la Prestación de Servicios (ITBMS), Panama's VAT. Standard rate on a price-exclusive base.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2010-07-01","source":{"name":"Código Fiscal, art. 1057-V, texto según Ley 8 de 15 de marzo de 2010 (G.O. 26489-A); rates as published by Dirección General de Ingresos (DGI-MEF), sección ITBMS","url":"http://dgi.mef.gob.pa/itbms/Itbms"},"url":"https://latamref.dev/v1/pa/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which ITBMS taxpayer status becomes compulsory in Panama, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2010-07-01","source":{"name":"Código Fiscal, artículo 1057-V, Parágrafo 4 (article added by Ley 75 de 1976; modified by Ley 6 de 2-2-2005, Ley 49 de 2009, Ley 8 de 15-3-2010 and Ley 33 de 2010; reglamentado by Decreto Ejecutivo 84 de 26-8-2005, arts. 4-5): \"no serán considerados contribuyentes del impuesto los pequeños productores, comerciantes o prestadores de servicios, que durante el año anterior hayan tenido un ingreso bruto promedio mensual no superior a los tres mil balboas (B/.3,000.00) y sus ingresos brutos anuales no hayan sido superiores a treinta y seis mil balboas (B/.36,000.00)\" ('small producers, traders or service providers shall not be considered taxpayers of the tax if during the previous year their average monthly gross income did not exceed three thousand balboas and their annual gross income was not above thirty-six thousand balboas'). DGI's own e-Tax guidance (form 430 microayuda) states the converse registration test in the same figures.","url":"https://etax2.mef.gob.pa/etax2web/microayudas/Ayuda_otros/F430v4hlp.htm"},"url":"https://latamref.dev/v1/pa/vat-registration-threshold"},{"id":"minimum-wage","name":"Minimum wage (lowest general statutory floor)","description":"Lowest general statutory minimum wage in Panama's region/activity/enterprise-size matrix: the national hourly rate for agriculture, livestock, hunting, forestry, aquaculture and fishing in small enterprises.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2026-01-16","source":{"name":"Decreto Ejecutivo No. 13 de 31 de diciembre de 2025 (MITRADEL), que fija las nuevas tasas de salario mínimo en todo el territorio nacional, G.O. 30438 de 6 de enero de 2026","url":"https://www.gacetaoficial.gob.pa/storage/gacetas/2026/01/30438/GacetaNo_30438_20260106.pdf"},"url":"https://latamref.dev/v1/pa/minimum-wage"},{"id":"public-holidays","name":"National public holidays","description":"Statutory nationwide paid rest days (días de descanso obligatorio por fiesta o duelo nacional) for calendar 2026, with observance shifts applied.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Código de Trabajo, arts. 45-49 (Decreto de Gabinete 252 de 1971, texto consolidado); Ley 46 de 14 de noviembre de 1962 (5 de noviembre); Ley 291 de 31 de marzo de 2022, G.O. 29507-B (20 de diciembre)","url":"https://www.gacetaoficial.gob.pa/pdfTemp/29507_B/GacetaNo_29507b_20220331.pdf"},"url":"https://latamref.dev/v1/pa/public-holidays"},{"id":"cpi","name":"CPI inflation (year-over-year)","description":"12-month (interanual) percent change of the IPC Nacional Urbano, INEC (Contraloría General de la República), Base 2024=100.","free":false,"stale":true,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2026-06-01","source":{"name":"INEC (Contraloría General de la República), Índice de Precios al Consumidor: Junio 2026, Base 2024=100, Anexo 4 (published 14 July 2026)","url":"https://www.inec.gob.pa/archivos/A0705547520260714085441IPC_JUNIO_2026.pdf"},"url":"https://latamref.dev/v1/pa/cpi"},{"id":"corporate-tax","name":"Corporate income tax (ISR personas jurídicas)","description":"General corporate income tax rate on net taxable income, Código Fiscal art. 699, with the CAIR alternative-minimum computation.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2011-01-01","source":{"name":"Código Fiscal, art. 699 (texto según Ley 8 de 15 de marzo de 2010, G.O. 26489-A); tabla oficial de tarifas DGI-MEF ('Tarifa', cita Art. 128 del Decreto Ejecutivo No. 98 de 27 de septiembre de 2010)","url":"https://dgi.mef.gob.pa/DInforme/Tarifa"},"url":"https://latamref.dev/v1/pa/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding taxes Panama levies on payments to non-residents - dividends under articulo 733 of the Codigo Fiscal, and remittances abroad (interest, royalties, services and other Panama-source income) under the articulo 694/733 remittance mechanism, which applies the general income-tax rates of articulos 699/700 to 50% of the amount remitted - each at its domestic statutory rate before any double-tax treaty relief. Administered by the Direccion General de Ingresos (DGI).","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2011-01-01","source":{"name":"DGI (dgi.mef.gob.pa), per-form legal notes: Formulario 07 (dividends, citing Arts. 708 y 733 del Codigo Fiscal) - 'Quedan obligadas a retener el Impuesto de Dividendo o cuota de participacion del diez por ciento (10%) de las utilidades que distribuyan a sus accionistas o socios cuando estas sean de fuente panamena' ('obliged to withhold the Dividend Tax of ten percent (10%) of profits distributed... when of Panamanian source'); Formulario 05 (remittances abroad) - 'sobre el cincuenta por ciento (50%) de este total se aplicara la tasa del articulo 699 (personas juridicas) o 700' ('on fifty percent (50%) of this total the rate of article 699 (legal persons) or 700 is applied'); Tarifa page - personas juridicas '2011 y siguientes 25%'","url":"https://dgi.mef.gob.pa/DInforme/Formulario07"},"url":"https://latamref.dev/v1/pa/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"Panama's legal interest: a fixed 6% per annum on civil money debts in default under Art. 993 of the Código Civil, and a separate fixed 10% per annum on commercial debts under Art. 223 of the Código de Comercio.","free":false,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":"1917-07-01","source":{"name":"Código Civil de la República de Panamá (Ley 2 de 22 de agosto de 1916, Gaceta Oficial 2.404), art. 993: 'Si la obligación consistiere en el pago de una cantidad de dinero y el deudor incurriere en mora, la indemnización de daños y perjuicios, no habiendo pacto en contrario, consistirá en el pago de los intereses convenidos y, a falta de convenio, en el interés legal. Mientras no se fije otro por la ley, se considerará legal el interés de seis por ciento al año'","url":"https://www.organojudicial.gob.pa/uploads/wp_repo/blogs.dir/cendoj/CIVIL/codigo_civil.pdf"},"url":"https://latamref.dev/v1/pa/statutory-interest"},{"id":"income-tax","name":"Personal income tax (ISR personas naturales)","description":"Progressive annual income tax bands for resident natural persons on net taxable income, Código Fiscal art. 700.","free":false,"stale":false,"last_confirmed":"2026-08-05","confidence":"primary","effective_from":"2010-01-01","source":{"name":"Código Fiscal, art. 700 (texto según Ley 8 de 15 de marzo de 2010, G.O. 26489-A); tabla oficial DGI-MEF 'Tarifa'","url":"https://dgi.mef.gob.pa/DInforme/Tarifa"},"url":"https://latamref.dev/v1/pa/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Panama (PA): employee and employer shares of the Caja de Seguro Social contribution as reformed by Ley 462 de 2025, the seguro educativo and the employer's occupational-risk premium, with the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ley 51 de 27 de diciembre de 2005, Ley Orgánica de la Caja de Seguro Social; Ley 462 de 18 de marzo de 2025, que reforma la Ley Orgánica de la Caja de Seguro Social (cuota de los trabajadores mantenida en 9,75 %; cuota patronal escalonada: hasta el 28 de febrero de 2027 13,25 %, del 1 de marzo de 2027 al 28 de febrero de 2029 14,25 %, y a partir del 1 de marzo de 2029 15,25 %; aporte del Estado de USD 966 millones anuales al programa de Invalidez, Vejez y Muerte, revisable anualmente según los análisis actuariales de la CSS; edad de jubilación mantenida en 57 años para mujeres y 62 para hombres; cálculo de la pensión sobre los diez mejores años cotizados; requisito mínimo de 240 cuotas; evaluaciones actuariales cada seis años), según el análisis publicado por BDO Panamá y por Fábrega Molino; legislación del Seguro Educativo (1,25 % trabajador y 1,50 % empleador, no aplicable al décimo tercer mes); tarifa de Riesgos Profesionales de la Caja de Seguro Social por código CIIU, de 1,05 % a 5,67 %; tasas del décimo tercer mes, 7,25 % trabajador y 10,75 % empleador.","url":"https://www.bdo.com.pa/getattachment/88ab8c33-0f4f-424c-8d19-09ebb8aaaea6/Ley-N%C2%B0-462-del-18-de-marzo-de-2025-(CSS)-(3).pdf?lang=es-PA"},"url":"https://latamref.dev/v1/pa/social-contributions"}]},{"country":"PE","name":"Peru","currency":"PEN","series":[{"id":"policy-rate","name":"BCRP tasa de referencia","description":"Banco Central de Reserva del Perú (BCRP) tasa de interés de referencia de la política monetaria, decidida mensualmente por el Directorio en el Programa Monetario.","free":false,"stale":false,"last_confirmed":"2026-08-31","confidence":"primary","effective_from":"2025-09-11","source":{"name":"BCRP — Nota Informativa, Programa Monetario de Julio 2026 (09/07/2026); serie estadística PD04722MM","url":"https://www.bcrp.gob.pe/docs/Transparencia/Notas-Informativas/2026/nota-informativa-2026-07-09-1.pdf"},"url":"https://latamref.dev/v1/pe/policy-rate"},{"id":"statutory-interest","name":"Statutory legal interest (tasa de interés legal)","description":"Peru's legal interest is a daily-published central-bank series, not a fixed rate: the BCRP sets it equal to the TIPMN deposit-average (Civil Code art. 1244, Circular 0018-2019-BCRP), applied through accumulated daily factors.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Código Civil art. 1244: 'La tasa del interés legal es fijada por el Banco Central de Reserva del Perú' (the legal interest rate is set by the BCRP); Circular BCRP No. 0018-2019-BCRP (in force 1 September 2019): the legal rate is 'equivalente a la TIPMN' — published daily with accumulated factors by the SBS","url":"https://www.sbs.gob.pe/app/pp/EstadisticasSAEEPortal/Paginas/TILegalEfectiva.aspx"},"url":"https://latamref.dev/v1/pe/statutory-interest"},{"id":"vat","name":"IGV standard rate","description":"Impuesto General a las Ventas (IGV). La tasa que paga el consumidor es un compuesto: IGV propiamente dicho más el Impuesto de Promoción Municipal (IPM), regulados por el TUO de la Ley del IGV e ISC (D.S. 055-99-EF).","free":false,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"2026-01-01","source":{"name":"SUNAT — Orientación: Concepto, Tasa y Operaciones Gravadas del IGV; base legal Ley N° 32387 (El Peruano, 16/06/2025)","url":"https://orientacion.sunat.gob.pe/3053-concepto-tasa-y-operaciones-gravadas-igv-empresas"},"url":"https://latamref.dev/v1/pe/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Peru, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"SUNAT official text of the TUO de la Ley del IGV (D.S. 055-99-EF), Art. 9.1: taxpayers are those who 'efectúen ventas en el país de bienes afectos', 'presten en el país servicios afectos', 'utilicen en el país servicios prestados por no domiciliados' — no turnover figure; Art. 9.2 makes non-business persons taxable only on habitual operations, habituality judged by 'naturaleza, características, monto, frecuencia, volumen y/o periodicidad' — a qualitative test, not a threshold.","url":"https://www.sunat.gob.pe/legislacion/igv/ley/capitul3.htm"},"url":"https://latamref.dev/v1/pe/vat-registration-threshold"},{"id":"minimum-wage","name":"Remuneración Mínima Vital (RMV)","description":"Remuneración Mínima Vital mensual de los trabajadores sujetos al régimen laboral de la actividad privada, fijada por Decreto Supremo del Ministerio de Trabajo y Promoción del Empleo.","free":false,"stale":false,"last_confirmed":"2026-07-15","confidence":"primary","effective_from":"2025-01-01","source":{"name":"Decreto Supremo N° 006-2024-TR (El Peruano, 28/12/2024) — Ministerio de Trabajo y Promoción del Empleo","url":"https://busquedas.elperuano.pe/dispositivo/NL/2357884-10"},"url":"https://latamref.dev/v1/pe/minimum-wage"},{"id":"public-holidays","name":"Feriados nacionales","description":"Feriados nacionales del Perú (descanso remunerado obligatorio para los sectores público y privado), base legal D.L. N° 713 y leyes que añaden feriados (p. ej. Ley N° 31734, que declaró permanentes la Batalla de Junín y la Batalla de Ayacucho). Distintos de los 'días no laborables' para el sector público, que el Ejecutivo decreta aparte.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"secondary","effective_from":"2026-01-01","source":{"name":"Plataforma del Estado Peruano — Feriados 2026 (gob.pe/feriados)","url":"https://www.gob.pe/feriados"},"url":"https://latamref.dev/v1/pe/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-09-05","confidence":"primary","effective_from":"2026-07-01","source":{"name":"BCRP, series PN01273PM 'IPC Lima Metropolitana — variación % últimos 12 meses': Jul.2026 = 4.07 (Jun.2026 = 4.01)","url":"https://estadisticas.bcrp.gob.pe/estadisticas/series/mensuales/resultados/PN01273PM/html"},"url":"https://latamref.dev/v1/pe/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2017-01-01","source":{"name":"SUNAT — Orientación: Tasas para la determinación del Impuesto a la Renta anual (renta de tercera categoría, Régimen General); base legal TUO de la Ley del Impuesto a la Renta (D.S. 179-2004-EF), Art. 55","url":"https://orientacion.sunat.gob.pe/03-tasas-para-la-determinacion-del-impuesto-la-renta-anual"},"url":"https://latamref.dev/v1/pe/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding taxes Peru levies on Peruvian-source payments to non-domiciled persons ('sujetos no domiciliados') - dividends, interest, royalties, technical assistance and digital services - under arts. 54 and 56 of the Ley del Impuesto a la Renta (LIR, TUO approved by D.S. 179-2004-EF), each at its domestic statutory rate before any tax-treaty relief. Administered by SUNAT.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2017-01-01","source":{"name":"Ley del Impuesto a la Renta (TUO, D.S. 179-2004-EF), Capítulo VII: art. 54 (non-domiciled individuals: dividends 5%, qualifying external-credit interest 4.99%, royalties 30%, other income 30%) and art. 56 (non-domiciled legal entities: external-credit interest 4.99% subject to conditions, related-party interest 30%, dividends 5%, royalties 30%, technical assistance 15%, digital services 30%, other income 30%)","url":"https://www.sunat.gob.pe/legislacion/renta/ley/capvii.pdf"},"url":"https://latamref.dev/v1/pe/withholding-tax"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2015-01-01","source":{"name":"SUNAT — Tasas del Impuesto, rentas de trabajo (escala progresiva acumulativa), TUO de la Ley del Impuesto a la Renta Art. 53; UIT 2026 por D.S. 301-2025-EF","url":"https://orientacion.sunat.gob.pe/7076-05-tasas-del-impuesto-rentas-de-trabajo"},"url":"https://latamref.dev/v1/pe/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Peru (PE): employee and employer shares of each statutory branch, covering both the public (ONP/SNP) and private (SPP/AFP) pension elections, with the quarterly remuneración máxima asegurable and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-07-01","source":{"name":"Ley N° 26504, art. 2 (aporte al Sistema Nacional de Pensiones de cargo exclusivo del asegurado, 13 % de la remuneración asegurable desde el 1 de enero de 1997) y Decreto Ley N° 19990; Texto Único Ordenado de la Ley del Sistema Privado de Administración de Fondos de Pensiones, aprobado por Decreto Supremo N° 054-97-EF, y Decreto Ley N° 25897 (aporte obligatorio 10 %, comisiones y prima de seguro); Ley N° 32123, Ley de Modernización del Sistema Previsional Peruano (vigente desde el 6 de septiembre de 2025), su reglamento aprobado por Decreto Supremo N° 189-2025-EF y la Ley N° 32445 que derogó la obligación de aporte de los trabajadores independientes; Superintendencia de Banca, Seguros y AFP, tabla de Comisiones y Primas de Seguros del SPP (comisión sobre flujo Habitat 1,47 %, Integra 1,55 %, Prima 1,60 %, Profuturo 1,69 %; comisión anual sobre saldo Profuturo 0,68 %, Integra 0,78 %, Habitat 1,25 %, Prima 1,25 %; prima de seguro 1,37 %) y Remuneración Máxima Asegurable trimestral (S/ 12 209,11 para el primer trimestre de 2026 y S/ 12 672,65 para el tercer trimestre de 2026); Ley N° 26790, Ley de Modernización de la Seguridad Social en Salud, arts. 6 y 19; Decreto Supremo N° 009-97-SA (reglamento, Anexo 5 de actividades de riesgo) y Decreto Supremo N° 003-98-SA (Normas Técnicas del SCTR); Ley N° 26272, art. 11 (contribución al SENATI, 0,75 %); Decreto Legislativo N° 688 (Seguro de Vida Ley); Decreto Supremo N° 006-2024-TR (Remuneración Mínima Vital S/ 1 130,00).","url":"https://www.sbs.gob.pe/app/spp/empleadores/comisiones_spp/Paginas/comision_prima.aspx"},"url":"https://latamref.dev/v1/pe/social-contributions"},{"id":"fx-reference","name":"Tipo de cambio interbancario (BCRP)","description":"Peru's interbank PEN/USD exchange rate as published by the Banco Central de Reserva del Perú (venta; the compra side is stated in the notes).","free":false,"stale":false,"last_confirmed":"2026-09-14","confidence":"primary","effective_from":"2026-09-11","source":{"name":"Banco Central de Reserva del Perú — TC Interbancario, series PD04638PD (venta), fix of 2026-09-11","url":"https://estadisticas.bcrp.gob.pe/estadisticas/series/diarias/tipo-de-cambio"},"url":"https://latamref.dev/v1/pe/fx-reference"}]},{"country":"PY","name":"Paraguay","currency":"PYG","series":[{"id":"policy-rate","name":"BCP monetary policy rate (TPM)","description":"Banco Central del Paraguay tasa de interés de política monetaria (TPM), set by the Comité de Política Monetaria (CPM) at its monthly meetings under the inflation-targeting framework (meta 3.5%).","free":false,"stale":false,"last_confirmed":"2026-08-27","confidence":"primary","effective_from":"2026-02-20","source":{"name":"BCP — Comunicado de Política Monetaria, 25 agosto 2026 (Comunicados del CPM)","url":"https://www.bcp.gov.py/documents/20117/2254845/Comunicado+CPM+agosto+2026_vf.pdf/66a5b70c-9d45-37a4-91f6-8b5d29282ebf?t=1787675786920"},"url":"https://latamref.dev/v1/py/policy-rate"},{"id":"vat","name":"IVA standard rate","description":"Impuesto al Valor Agregado (IVA) tasa general — standard value-added tax rate, per Artículo 90 of Ley N° 6380/2019 'De Modernización y Simplificación del Sistema Tributario Nacional', administered by the DNIT (Dirección Nacional de Ingresos Tributarios, ex-SET).","free":false,"stale":false,"last_confirmed":"2026-09-05","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Ley N° 6380/2019, Artículo 90 — Tasas (Biblioteca y Archivo Central del Congreso Nacional, BACN)","url":"https://www.bacn.gov.py/leyes-paraguayas/9332/ley-n-6380-de-modernizacion-y-simplificacion-del-sistema-tributario-nacional"},"url":"https://latamref.dev/v1/py/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT (IVA) registration becomes compulsory in Paraguay, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-09-05","confidence":"secondary","effective_from":null,"source":{"name":"Ley N° 6380/2019 'De Modernización y Simplificación del Sistema Tributario Nacional' (in force 1 Jan 2020), IVA book: art. 82 (contribuyentes) makes personas físicas taxpayers \"por la prestación de servicios personales o profesionales que no estén en relación de dependencia\" ('for supplying personal or professional services outside an employment relationship') and enterprises for sales and services generally, with NO minimum-turnover condition; art. 84 (territoriality): digital services \"se entenderán que son prestados en territorio nacional, cuando sean utilizados o aprovechados efectivamente en el país\" ('are deemed supplied in national territory when effectively used or enjoyed in the country'). Near-thresholds: art. 26 (IRE SIMPLE / RESIMPLE).","url":"https://www.bacn.gov.py/leyes-paraguayas/9332/ley-n-6380-de-modernizacion-y-simplificacion-del-sistema-tributario-nacional"},"url":"https://latamref.dev/v1/py/vat-registration-threshold"},{"id":"minimum-wage","name":"Salario mínimo legal (monthly)","description":"Salario mínimo legal mensual for 'actividades diversas no especificadas' (private sector), adjusted by presidential decree — normally each July based on accumulated CPI inflation, on recommendation of CONASAM (Consejo Nacional de Salarios Mínimos) — and regulated by MTESS resolution.","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-07-01","source":{"name":"MTESS — 'Gobierno dispone reajuste del salario mínimo en 5% y entrará en vigencia desde julio' (Decreto N° 6225/2026)","url":"https://www.mtess.gov.py/?p=36166"},"url":"https://latamref.dev/v1/py/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Feriados nacionales for calendar year 2026 per Ley N° 7544/2025 (promulgated 3 Sep 2025, replacing Ley 8/90 and its amendments), including 2026 traslado decrees and additional feriados decreed under its Artículo 4.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ley N° 7544/2025 'Que determina los Feriados Nacionales de la República del Paraguay' (BACN — full text verified)","url":"https://www.bacn.gov.py/leyes-paraguayas/12908/ley-n-7544-2025-que-determina-los-feriados-nacionales-de-la-rep-blica-del-paraguay-se-establecen-los-feriados-m-viles-y-se-faculta-al-poder-ejecutivo-a-instituir-otros-feriados-en-situaciones-especiales"},"url":"https://latamref.dev/v1/py/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":true,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-06-01","source":{"name":"BCP — Informe de Inflación, Junio 2026 (Índice de Precios al Consumidor)","url":"https://www.bcp.gov.py/web/institucional/w/informe-de-inflaci%C3%B3n-junio-2026"},"url":"https://latamref.dev/v1/py/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Ley N° 6380/2019, Artículo 21 (Tasa): 'La tasa del IRE será del 10% (diez por ciento), sobre la renta neta' — Impuesto a la Renta Empresarial (BACN — texto oficial de la ley)","url":"https://www.bacn.gov.py/leyes-paraguayas/9332/ley-n-6380-de-modernizacion-y-simplificacion-del-sistema-tributario-nacional"},"url":"https://latamref.dev/v1/py/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The taxes Paraguay withholds on payments to non-residents: the IDU (Impuesto a los Dividendos y a las Utilidades) at 15% on dividends and profit distributions, and the INR (Impuesto a la Renta de No Residentes), a final withholding at a nominal 15% applied to presumed net-income bases of 30% to 100% of the gross payment depending on income type - so effective rates on gross range from 4,5% to 15%. Both created by Ley 6380/2019; administered by DNIT (formerly SET).","free":false,"stale":false,"last_confirmed":"2026-09-05","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Ley 6380/2019 'De Modernizacion y Simplificacion del Sistema Tributario Nacional': art. 43 (IDU Tasas) - '15% (quince por ciento) cuando el perceptor de los dividendos, utilidades o rendimientos sea una persona fisica, juridica o entidad no residente en el pais, incluidos los obtenidos por la casa matriz del exterior'; art. 75 (INR Renta Neta) - presumed net-income bases 'sin admitir prueba en contrario' of 30%, 50%, 70% or 100% of gross by income type; art. 76 (INR Tasa) - 'La tasa del INR sera del 15% (quince por ciento)'","url":"https://www.bacn.gov.py/leyes-paraguayas/9332/ley-n-6380-de-modernizacion-y-simplificacion-del-sistema-tributario-nacional"},"url":"https://latamref.dev/v1/py/withholding-tax"},{"id":"statutory-interest","name":"Statutory default interest (interés moratorio)","description":"Paraguay fixes no legal interest percentage: the Código Civil invokes 'interés legal' without ever defining it, and the only statutory numbers are the BCP-referenced usury ceilings on agreed rates.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"Código Civil (Ley 1.183/85) art. 475: 'En las obligaciones de dar sumas de dinero no podrán estipularse intereses moratorios o compensatorios ni comisiones superiores a las tasas máximas establecidas por el Banco Central del Paraguay, bajo pena de nulidad de la cláusula respectiva, cualquiera sea la denominación que se asigne a la prestación accesoria a cargo del deudor. Los intereses se deben por el hecho de la mora, aunque no se justifique el perjuicio... Los intereses en los créditos bancarios se regirán por su legislación especial'; Ley 2339/2003 amending art. 44 of Ley 489/95 Orgánica del Banco Central del Paraguay","url":"https://www.bacn.gov.py/leyes-paraguayas/5034/ley-n-2339-modifica-el-articulo-44-de-la-ley-n-48995-organica-del-banco-central-del-paraguay"},"url":"https://latamref.dev/v1/py/statutory-interest"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2020-01-01","source":{"name":"Ley N° 6380/2019, Artículo 69 (Tasas del IRP) — rentas derivadas de la prestación de servicios personales, escala progresiva 8%/9%/10% (BACN — texto oficial de la ley)","url":"https://www.bacn.gov.py/leyes-paraguayas/9332/ley-n-6380-de-modernizacion-y-simplificacion-del-sistema-tributario-nacional"},"url":"https://latamref.dev/v1/py/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Paraguay (PY): employee and employer shares of each statutory branch of the IPS régimen general and the two training and health levies carried on the employer contribution, with the minimum contribution base and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-07-01","source":{"name":"Ley N° 98/92, que establece el régimen unificado de jubilaciones y pensiones y modifica disposiciones de la Ley que creó el Instituto de Previsión Social (aporte obrero 9 %, aporte patronal 16,5 %, aporte total 25,5 % sobre los salarios declarados, del cual 14 % al IPS y 2,5 % a SENEPA y al SNPP); Ley N° 7.446, vigente desde 2024 (reducción del fondo de administración del 1,5 % al 1 % y reasignación del 0,5 % al fondo de salud); Ley N° 6.445, con efecto desde el 31 de diciembre de 2024 (redirección progresiva de los aportes destinados a SENEPA y al SNPP hacia el fondo de maternidad del IPS); Ley N° 253/71, Ley N° 1.265/87 y Ley N° 1.652/00 (aporte patronal del 1 % mensual sobre las remuneraciones pagadas a los trabajadores de las empresas privadas, con destino al SNPP y a SINAFOCAL); Decreto N° 6225/2026, que reajusta el salario mínimo legal a Gs. 3.044.000 mensuales a partir del 1 de julio de 2026; Instituto de Previsión Social, portal institucional, sección Aporte Obrero Patronal; Ley N° 6.380/2019 de modernización y simplificación del sistema tributario nacional (deducibilidad de los aportes al IPS en el Impuesto a la Renta Personal).","url":"https://portal.ips.gov.py/sistemas/ipsportal/contenido.php?c=315"},"url":"https://latamref.dev/v1/py/social-contributions"}]},{"country":"SV","name":"El Salvador","currency":"USD","series":[{"id":"policy-rate","name":"Central bank policy rate","description":"Monetary policy reference rate of the Banco Central de Reserva de El Salvador (BCR). Structurally null: El Salvador is fully dollarized and the BCR sets no policy interest rate.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2001-01-01","source":{"name":"Ley de Integración Monetaria, Decreto Legislativo No. 201 de 30-nov-2000, D.O. No. 241, Tomo 349, 22-dic-2000 (texto oficial alojado por la Superintendencia del Sistema Financiero)","url":"https://ssf.gob.sv/wp-content/uploads/ssf2018/Otras%20Leyes/Ley_integracion_monetaria.pdf"},"url":"https://latamref.dev/v1/sv/policy-rate"},{"id":"vat","name":"VAT (IVA) standard rate","description":"Impuesto a la Transferencia de Bienes Muebles y a la Prestación de Servicios (IVA) — standard rate on the taxable base.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"1995-06-21","source":{"name":"Ley de Impuesto a la Transferencia de Bienes Muebles y a la Prestación de Servicios, D.L. No. 296 de 24-jul-1992 (D.O. No. 143, Tomo 316, 31-jul-1992), Art. 54, reformado por D.L. No. 370 de 8-jun-1995 (D.O. No. 114, Tomo 327, 21-jun-1995) — texto consolidado oficial, Ministerio de Hacienda","url":"https://transparencia.mh.gob.sv/downloads/pdf/DC5100_LEY_DE_IMPUESTO_A_LA_TRANSFERENCIA_DE_BIENES_MUEBLES_Y_A_LA_PRESTACION_DE_SERVICIOS_-IVA.pdf"},"url":"https://latamref.dev/v1/sv/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which IVA contribuyente status becomes compulsory in El Salvador, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"1992-09-01","source":{"name":"Ley de Impuesto a la Transferencia de Bienes Muebles y a la Prestación de Servicios (IVA), Decreto Legislativo No. 296 de 24-7-1992, art. 28: \"Estarán excluidos de la calidad de contribuyentes, quienes hayan efectuado transferencias de bienes muebles corporales o prestaciones de servicios, gravadas y exentas, en los doce meses anteriores por un monto menor a cincuenta mil colones y cuando el total de su activo sea inferior a veinte mil colones\" ('excluded from taxpayer status are those whose transfers of tangible movable goods or supplies of services, taxable and exempt, in the preceding twelve months were below fifty thousand colones and whose total assets are below twenty thousand colones'); final inciso: \"Lo dispuesto en este artículo no tiene aplicación respecto de sociedades e importadores, ni tampoco cuando un contribuyente tenga más de un local que en conjunto excedan los límites señalados\" ('this article does not apply to companies and importers, nor where a taxpayer has more than one establishment which together exceed the stated limits'). ¢50,000 = US$5,714.29 and ¢20,000 = US$2,285.71 at the fixed ¢8.75/US$1 of the Ley de Integración Monetaria (2001) — the USD figures the Ministerio de Hacienda itself uses.","url":"https://www.transparenciafiscal.gob.sv/downloads/pdf/DC9226_Ley_del_Impuesto_a_la_Transferencia_de_Bienes_Muebles_y_a_la_Prestacion_de_Servicios.pdf"},"url":"https://latamref.dev/v1/sv/vat-registration-threshold"},{"id":"minimum-wage","name":"Minimum wage (lowest general statutory floor)","description":"National minimum wage set by sector via executive decree on proposal of the tripartite Consejo Nacional de Salario Mínimo (CNSM). Value served is the lowest general sector floor (sector agropecuario); full sector matrix in notes.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2025-06-01","source":{"name":"Decreto Ejecutivo No. 11 (Ramo de Trabajo y Previsión Social) de 22-may-2025, reformado por Decreto Ejecutivo No. 12 de 24-may-2025 (D.O. No. 96, Tomo 447, 26-may-2025), Art. 2 — tabla única de tarifas de salarios mínimos, texto consolidado oficial (CSJ, Centro de Documentación Judicial)","url":"https://www.jurisprudencia.gob.sv/DocumentosBoveda/D/2/2020-2029/2025/05/10A4DA.PDF"},"url":"https://latamref.dev/v1/sv/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"National paid holidays (asuetos remunerados) applicable to private-sector workers throughout the Republic, calendar year 2026.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Código de Trabajo, D.L. No. 15 de 23-jun-1972 (D.O. No. 142, Tomo 236, 31-jul-1972), Art. 190; D.L. No. 339 de 14-abr-2016 (asueto nacional 10 de mayo, Día de la Madre, sectores público y privado); D.L. No. 208 de 28-nov-2012 (asueto 17 de junio, Día del Padre)","url":"https://lalibertadoeste.gob.sv/wp-content/uploads/2025/05/Codigo-de-Trabajo.pdf"},"url":"https://latamref.dev/v1/sv/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Consumer price index annual variation, IPC base December 2009 = 100, produced by ONEC (Oficina Nacional de Estadística y Censos, within the BCR) and published in the BCR economic database.","free":false,"stale":false,"last_confirmed":"2026-09-07","confidence":"primary","effective_from":"2026-07-01","source":{"name":"BCR/ONEC, Base de Datos Económica y Financiera — Índice de Precios al Consumidor (IPC, diciembre 2009=100), datos actualizados hasta julio 2026: July 2026 general index 134.55 vs July 2025 131.29; official y/y rate 2.49% ('al ubicarse en 2.49 %, según las estadísticas del Banco Central de Reserva (BCR)', BCR-attributed press of 19-ago-2026, down 0.27pp from June's 2.76%)","url":"https://estadisticas.bcr.gob.sv/serie/indice-de-precios-al-consumidor-ipc"},"url":"https://latamref.dev/v1/sv/cpi"},{"id":"corporate-tax","name":"Corporate income tax (ISR) standard rate","description":"Impuesto sobre la Renta rate for juridical persons, uniones de personas and de-facto companies (domiciled or not), Art. 41 LISR.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2012-01-01","source":{"name":"Ley de Impuesto sobre la Renta, D.L. No. 134 de 18-dic-1991 (D.O. No. 242, Tomo 313, 21-dic-1991), Art. 41 sustituido por D.L. No. 957 de 14-dic-2011, vigente desde el ejercicio 2012 (texto de la reforma alojado por la Escuela de Capacitación de la FGR)","url":"https://escuela.fgr.gob.sv/wp-content/uploads/Leyes/Leyes-2/reformas-a-la-renta-diciembre-2011.pdf"},"url":"https://latamref.dev/v1/sv/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The definitive withholding taxes El Salvador levies on payments to non-domiciled persons (sujetos no domiciliados) - a general 20% under Articulo 158 of the Codigo Tributario with scheduled reduced rates, a 5% withholding on profit distributions under the Ley de Impuesto sobre la Renta, and a punitive 25% for payments to low- or no-tax jurisdictions under Articulo 158-A. Administered by the Ministerio de Hacienda (DGII).","free":false,"stale":false,"last_confirmed":"2026-08-26","confidence":"primary","effective_from":"2011-12-15","source":{"name":"Codigo Tributario de El Salvador, Art. 158: 'las personas... que paguen o acrediten a un sujeto o entidad no domiciliado en la Republica, sumas provenientes de cualquier clase de renta obtenida en el pais... estan obligadas a retenerle por concepto de Impuesto sobre la Renta como pago definitivo el veinte por ciento (20%) de dichas sumas'; Art. 158-A (25% paraisos fiscales); Ley de Impuesto sobre la Renta Art. 72 (5% utilidades)","url":"https://www.jurisprudencia.gob.sv/DocumentosBoveda/R/2/2000-2009/2000/12/894CF.HTML"},"url":"https://latamref.dev/v1/sv/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"El Salvador's legal interest: a fixed 6% per annum on civil obligations under Art. 1964 of the Código Civil, and a separate 12% per annum interés legal mercantil fixed by executive decree under Art. 960 of the Código de Comercio.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"1860-05-01","source":{"name":"Código Civil art. 1964: 'Si se estipulare en general intereses sin determinar la cuota, se entenderá que deberán pagarse intereses legales. El interés legal es el seis por ciento al año'; Código de Comercio art. 960: 'El deudor moroso deberá pagar el interés pactado y en su defecto el legal como indemnización por la mora... El interés legal en materia mercantil será fijado periódicamente por la Secretaría de Economía'; Acuerdo Ejecutivo 1299 de 13 de diciembre de 1983 (D.O. 16, Tomo 282, 23 de enero de 1984): 'Fijar en doce por ciento anual (12%) el interés legal mercantil'","url":"https://www.jurisprudencia.gob.sv/DocumentosBoveda/D/2/1980-1989/1984/01/886B6.PDF"},"url":"https://latamref.dev/v1/sv/statutory-interest"},{"id":"income-tax","name":"Personal income tax (ISR) brackets","description":"Annual liquidation table for domiciled natural persons, estates and trusts, Art. 37 LISR (table introduced by D.L. No. 957/2011; tramos I-II reformed by D.L. No. 293/2025), applied to renta neta o imponible in USD per year.","free":false,"stale":false,"last_confirmed":"2026-07-20","confidence":"primary","effective_from":"2025-05-08","source":{"name":"Ley de Impuesto sobre la Renta, Art. 37 inciso primero reformado por D.L. No. 293 de 30-abr-2025 (D.O. No. 79, Tomo 447, 30-abr-2025), vigente desde el 8-may-2025; tabla anterior sustituida por D.L. No. 957 de 14-dic-2011 (D.O. No. 235, Tomo 393, 15-dic-2011); ley original D.L. No. 134/1991, D.O. No. 242, Tomo 313, 21-dic-1991. URL = Decreto Ejecutivo No. 10 (Ramo de Hacienda) de 30-abr-2025, Tablas de Retención del ISR, mismo D.O., cuyo considerando I reproduce la reforma (CSJ, Centro de Documentación Judicial)","url":"https://www.jurisprudencia.gob.sv/DocumentosBoveda/D/2/2020-2029/2025/04/10A052.PDF"},"url":"https://latamref.dev/v1/sv/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in El Salvador (SV): employee and employer shares of each statutory system, with the ceiling and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-14","confidence":"secondary","effective_from":"2022-12-29","source":{"name":"Ley Integral del Sistema de Pensiones (Decreto Legislativo No. 462, Diario Oficial No. 241, Tomo No. 437, 21 de diciembre de 2022), artículo 16, official text published by the Superintendencia del Sistema Financiero: \"La tasa de cotización del Sistema será del dieciséis por ciento (16%) sobre el ingreso base de cotización, correspondiendo el siete punto veinticinco por ciento (7.25%) al trabajador y el ocho punto setenta y cinco por ciento (8.75%) al empleador.\" The ISSS health regime in this record (3% employee / 7.5% employer, capped at USD 1,000 per month) rests on the Ley del Seguro Social (Decreto Legislativo No. 1263 de 1953, as amended) and its Reglamento, for which no reachable official publication of the operative percentages was located; that branch remains secondary and says so.","url":"https://ssf.gob.sv/wp-content/uploads/2023/02/Ley-Integral-del-Sistema-de-Pensiones.pdf"},"url":"https://latamref.dev/v1/sv/social-contributions"}]},{"country":"TT","name":"Trinidad and Tobago","currency":"TTD","series":[{"id":"policy-rate","name":"CBTT Repo Rate (repurchase rate)","description":"The Repo Rate — the rate at which the Central Bank of Trinidad and Tobago lends overnight to commercial banks against government securities. It is the Bank's signal rate and is set by the Monetary Policy Committee (MPC) and published in a quarterly Monetary Policy Announcement (MPA), issued on the Monetary Policy Announcements Calendar (four scheduled announcements a year: late March, late June, late September, late December).","free":false,"stale":false,"last_confirmed":"2026-09-09","confidence":"primary","effective_from":"2020-03-17","source":{"name":"Central Bank of Trinidad and Tobago — Monetary Policy Announcement, 26 June 2026: 'Central Bank Maintains Repo Rate At 3.50 Per Cent'","url":"https://www.central-bank.org.tt/monetary-policy-announcement-central-bank-maintains-repo-rate-at-3-50-per-cent/"},"url":"https://latamref.dev/v1/tt/policy-rate"},{"id":"vat","name":"Value Added Tax standard rate","description":"Standard rate of value added tax on the entry of imported goods and on the supply of goods and services in Trinidad and Tobago, imposed under the Value Added Tax Act, Chap. 75:06, section 7(1), and administered by the Board of Inland Revenue.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2016-02-01","source":{"name":"Value Added Tax Act, Chap. 75:06, section 7(1) — 'The amount of the tax shall be calculated in accordance with this Act at the rate of twelve and one-half per cent or such other rate as the Minister by Order specifies, except in the case of an entry or a supply that is zero-rated' (Ministry of the Attorney General and Legal Affairs consolidated text)","url":"https://rgd.legalaffairs.gov.tt/laws2/Alphabetical_List/lawspdfs/75.06.pdf"},"url":"https://latamref.dev/v1/tt/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Trinidad and Tobago, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2023-01-01","source":{"name":"Value Added Tax Act, Chap. 75:06 (Act No. 37 of 1989), ss.20-21: s.20(1) 'a person who ... makes a commercial supply is required to be registered', except (s.20(2)(b)) in the s.21 'low level supplies' circumstances - where over the twelve months ending with the month before the supply the value of his commercial supplies was not more than the threshold and there are reasonable grounds for believing the next twelve months will not exceed it. The s.21 figure was raised from five hundred thousand to six hundred thousand dollars by the Finance Act 2022 with effect from 1 January 2023; Inland Revenue Division (VAT - Application for Registration): 'All persons making commercial supplies of $600,000 (as of 1/1/2023) or more in the preceding twelve-month period or having evidence (in the sales forecast) supplies will exceed $600,000 in a twelve (12) month period must apply for VAT Registration.'","url":"https://www.ird.gov.tt/VAT/registration"},"url":"https://latamref.dev/v1/tt/vat-registration-threshold"},{"id":"minimum-wage","name":"National Minimum Wage (hourly)","description":"The single national minimum wage, an HOURLY rate fixed by the Minister of Labour by Order under section 3 of the Minimum Wages Act, Chap. 88:04, subject to negative resolution of Parliament. There are no occupational or geographic sub-rates: one rate applies to all workers.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2024-01-01","source":{"name":"Legal Notice No. 390 of 2023 — The Minimum Wages (Amendment) Order, 2023, made by the Minister of Labour under s. 3 of the Minimum Wages Act, Chap. 88:04; dated 22 December 2023, Legal Supplement Part B, Vol. 62, No. 187, 22 December 2023; comes into effect 1 January 2024","url":"https://printery.gov.tt/e-gazette/2023/Legal%20Notices/Legal%20Notice%20No.%20390%20of%202023.pdf"},"url":"https://latamref.dev/v1/tt/minimum-wage"},{"id":"public-holidays","name":"Public holidays","description":"Public holidays — 'close holidays in banks and public offices' (s. 2) — set out in the Schedule to the Public Holidays and Festivals Act, Chap. 19:05, ss. 3 and 4, for calendar year 2026. Two of the fourteen (Eid-ul-Fitr and Divali) are movable and take effect only when the President appoints the date by Notification published in the Gazette.","free":true,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Public Holidays and Festivals Act, Chap. 19:05, Schedule (sections 3 and 4), consolidated text — Ministry of the Attorney General and Legal Affairs; as amended by Legal Notice No. 68 of 2024 (Public Holidays and Festivals (Amendment to Schedule) Order, 2024, dated 18 April 2024); Eid-ul-Fitr 2026 date fixed by Legal Notice No. 25 of 2026 (Notification by President Christine Carla Kangaloo, dated 4 February 2026, Legal Supplement Part B, Vol. 65, No. 13, 5 February 2026)","url":"https://rgd.legalaffairs.gov.tt/Laws2/Alphabetical_List/lawspdfs/19.05.pdf"},"url":"https://latamref.dev/v1/tt/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent change in the All Items Index of Retail Prices, compiled and published monthly by the Central Statistical Office (CSO) and released through the Ministry of Planning, Economic Affairs and Development.","free":false,"stale":false,"last_confirmed":"2026-09-07","confidence":"primary","effective_from":"2026-06-01","source":{"name":"Central Statistical Office — Consumer Price Index, June 2026 (All Items Index 126.0, 2015=100), released 16 July 2026 via the Ministry of Planning, Economic Affairs and Development","url":"https://www.planning.gov.tt/newsite/consumer-price-index-june-2026/"},"url":"https://latamref.dev/v1/tt/cpi"},{"id":"corporate-tax","name":"Corporation tax standard rate","description":"Standard rate of corporation tax on the chargeable profits of a company, set by the First Schedule to the Corporation Tax Act, Chap. 75:02 (given effect by s. 3). The rate is a two-step schedule on chargeable profits, not a single flat rate.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2017-01-01","source":{"name":"Corporation Tax Act, Chap. 75:02, First Schedule (Rate of Corporation Tax), paragraph 1 — 'twenty-five cents for every dollar up to $1,000,000 of the chargeable profit; and thirty cents for every dollar that exceeds $1,000,000 of the chargeable profit' (as amended by Act No. 10 of 2016); consolidated text, Ministry of the Attorney General and Legal Affairs","url":"https://rgd.legalaffairs.gov.tt/laws2/Alphabetical_List/lawspdfs/75.02.pdf"},"url":"https://latamref.dev/v1/tt/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The withholding tax Trinidad and Tobago imposes under section 50(1) of the Income Tax Act, Chap. 75:01 on distributions and payments to persons not resident and not engaged in trade or business in Trinidad and Tobago - distributions at 8% (3% to a parent company) and 'payments' (interest, royalties, rentals, management charges, fees) at 15% - at the rates set out in the Third Schedule, before any double-tax treaty relief. Administered by the Inland Revenue Division (IRD).","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":null,"source":{"name":"Inland Revenue Division - Withholding Tax Guide: 'Under Section 50(1) of the Income Tax Act, Chapter 75:01, Withholding Tax is applied to distributions and payments'; 'The rates of Withholding Tax are set out in the Third Schedule of the Income Tax Act' - distributions 8% (standard) or 3% (parent company); payments 15%","url":"https://www.ird.gov.tt/international-tax/Withholding-Tax-Guide"},"url":"https://latamref.dev/v1/tt/withholding-tax"},{"id":"statutory-interest","name":"Statutory interest on judgment debts","description":"Trinidad and Tobago's statutory rate on judgment debts: 5% per annum under section 25A(1) of the Supreme Court of Judicature Act, Chap. 4:01, cut from 12% by the Minister of Finance's Order of 2016. Pre-judgment interest is separate and discretionary under section 25.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2016-11-10","source":{"name":"Supreme Court of Judicature Act, Chap. 4:01, s. 25A(1) as amended by L.N. 168/2016: 'Every judgment debt entered up carries interest at the rate of five per cent per annum from the time of entering up the judgment, until the same shall be satisfied and such interest may be levied under a writ of execution on such judgment'; the amending instrument, the Supreme Court of Judicature (Variation of Rate of Interest on Judgment Debt) Order, 2016 (Legal Notice No. 168, Legal Supplement Part B Vol. 55 No. 130, 10 November 2016), made by the Minister of Finance under s. 25A(2), 'is amended by deleting the words \"twelve per centum\" and substituting the words \"five per cent\"'","url":"https://www.ttparliament.org/wp-content/uploads/2021/10/The-Supreme-Court-of-Judicature-Variation-of-Rate-of-Interest-on-Judgment-Debt-Order-2016.pdf"},"url":"https://latamref.dev/v1/tt/statutory-interest"},{"id":"income-tax","name":"Personal income tax rates","description":"Rates of income tax payable on the chargeable income of a person other than a company, set by the Third Schedule, Part I, to the Income Tax Act, Chap. 75:01 (given effect by ss. 48 and 50), together with the personal allowance under s. 18. Trinidad and Tobago taxes individuals on an ANNUAL chargeable-income basis.","free":false,"stale":false,"last_confirmed":"2026-07-23","confidence":"primary","effective_from":"2023-01-01","source":{"name":"Income Tax Act, Chap. 75:01, Third Schedule Part I, paragraph 1 — 'The rate of tax payable on the chargeable income of a person, other than a company is (a) twenty-five cents for every dollar up to $1,000,000 of chargeable income; and (b) thirty cents for every dollar that exceeds $1,000,000 of chargeable income' (as amended by Act No. 10 of 2016); personal allowance per s. 18 as amended by the Finance Act 2022, clause 8(a), in force 1 January 2023 (clause 13(1))","url":"https://rgd.legalaffairs.gov.tt/laws2/Alphabetical_List/lawspdfs/75.01.pdf"},"url":"https://latamref.dev/v1/tt/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Trinidad and Tobago (TT): the National Insurance sixteen-class weekly earnings table, the Class Z employment-injury contribution and the Health Surcharge, with the instrument fixing each.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-01-05","source":{"name":"National Insurance Board of Trinidad and Tobago (NIBTT) — \"Earnings Classes and Contributions from 05 January 2026\", based on a contribution rate of 16.2% (complete sixteen-class table of weekly and monthly earnings, assumed average weekly earnings, employee, employer and total weekly contributions and the Class Z weekly amounts), and the companion voluntary-contribution table; NIBTT list of historical contribution rate tables (16.2% from 5 January 2026; 13.2% from 5 September 2016; 12% from 3 March 2014; 11.7% from 4 March 2013); NIBTT contributions FAQ (Class Z paid by the employer alone for unpaid apprentices, persons over 65 still employed and persons in receipt of a retirement benefit; employer contributes twice the employee's share; remittance by the 15th of the following month with a 25% penalty); NIBTT employer contributions page (contribution is a weekly payment fixed by earnings class; employee's share must be deducted no later than the date of payment of wages). Inland Revenue Division, Ministry of Finance — Health Surcharge page (TTD 8.25 and TTD 4.80 weekly rates, the TTD 469.99 monthly / TTD 109.00 weekly test, and the exemptions). Governing statutes: National Insurance Act, Chapter 32:01, and the regulations made under it, as amended by the Finance Act 2025; Health Surcharge Act, Chapter 75:05.","url":"https://www.nibtt.net/Contribution_Rates/NISContributions20260105.pdf"},"url":"https://latamref.dev/v1/tt/social-contributions"}]},{"country":"UY","name":"Uruguay","currency":"UYU","series":[{"id":"policy-rate","name":"BCU tasa de política monetaria (TPM)","description":"Banco Central del Uruguay tasa de política monetaria (TPM), the overnight interest-rate target set by the Comité de Política Monetaria (COPOM) at its scheduled meetings (roughly every 45 days).","free":false,"stale":true,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-03-03","source":{"name":"BCU — Comunicado del COPOM, 3 de marzo de 2026 (reduce la tasa de interés en 75 puntos básicos hasta 5,75%)","url":"https://www.bcu.gub.uy/Comunicaciones/Paginas/Detalle-Noticia.aspx?noticia=497"},"url":"https://latamref.dev/v1/uy/policy-rate"},{"id":"vat","name":"IVA tasa básica","description":"Impuesto al Valor Agregado (IVA) tasa básica — standard value-added tax rate, per the Texto Ordenado DGI, Título 10.","free":false,"stale":false,"last_confirmed":"2026-09-08","confidence":"primary","effective_from":"2007-07-01","source":{"name":"Texto Ordenado 1996 (DGI), Título 10, Artículo 16 — Tasas (redacción dada por Ley 18.083 art. 25; IMPO)","url":"https://www.impo.com.uy/bases/todgi1996/338-1996/16_T10"},"url":"https://latamref.dev/v1/uy/vat"},{"id":"vat-registration-threshold","name":"VAT registration threshold","description":"The turnover at which VAT/GST registration becomes compulsory in Uruguay, with the period the test runs over, the rule for non-established suppliers, and any separate treatment of imported digital services.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":null,"source":{"name":"DGI (Dirección General Impositiva) official publication 'Tope de ingresos anuales para pequeñas empresas, IVA mínimo', 2026 values: 'Ingresos anuales menores a: $ 1.959.229', legal basis 'Artículo 66 literal E) Título 4 T.O. 2023' and 'Artículo 122 Decreto Nº 150/007'; the 2026 fixed monthly IVA mínimo is set by Decreto 310/025 art. 1: 'Fíjase en $ 5.910 (pesos uruguayos cinco mil novecientos diez) para el año 2026, el monto del pago mensual' (promulgated 26/12/2025, D.O. 07/01/2026).","url":"https://www.gub.uy/direccion-general-impositiva/comunicacion/publicaciones/tope-ingresos-anuales-para-pequenas-empresas-iva-minimo"},"url":"https://latamref.dev/v1/uy/vat-registration-threshold"},{"id":"minimum-wage","name":"Salario Mínimo Nacional (SMN), monthly","description":"Salario Mínimo Nacional set by Executive decree after consultation with the Consejo Superior Tripartito (Ley 18.566; ILO Convention 131). Decreto 319/025 set the 2026 SMN in two tranches (1 January and 1 July).","free":false,"stale":false,"last_confirmed":"2026-07-16","confidence":"primary","effective_from":"2026-07-01","source":{"name":"Decreto N° 319/025 de 26/12/2025 — Fijación del Salario Mínimo Nacional (IMPO)","url":"https://www.impo.com.uy/bases/decretos/319-2025"},"url":"https://latamref.dev/v1/uy/minimum-wage"},{"id":"public-holidays","name":"Public holidays (feriados)","description":"National feriados for calendar year 2026 per Uruguayan labour law: 5 feriados no laborables (paid non-working days, Ley 12.590) plus feriados comunes (working holidays), with the Monday-moving rule of Ley 16.805 as amended by Ley 17.414.","free":true,"stale":false,"last_confirmed":"2026-07-30","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ministerio de Trabajo y Seguridad Social — Derecho laboral uruguayo: Feriados (Leyes 12.590, 16.805 y 17.414)","url":"https://www.gub.uy/ministerio-trabajo-seguridad-social/institucional/derecho-laboral-uruguayo/feriados"},"url":"https://latamref.dev/v1/uy/public-holidays"},{"id":"cpi","name":"CPI inflation (year-on-year)","description":"Headline consumer price inflation, year-on-year percent, latest published month, from the official statistics office.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2026-07-01","source":{"name":"INE Uruguay, Índice de Precios del Consumo (IPC) Julio 2026 (published 5 August 2026): 'variación mensual de 0,07%, acumulada en el año 3,40% y en los últimos 12 meses de 4,27%'","url":"https://www.gub.uy/instituto-nacional-estadistica/comunicacion/publicaciones/indice-precios-del-consumo-ipc-julio-2026"},"url":"https://latamref.dev/v1/uy/cpi"},{"id":"corporate-tax","name":"Corporate income tax rate","description":"Standard/headline corporate income tax rate on resident company profits, from the national tax authority or statute.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2007-07-01","source":{"name":"DGI — Texto Ordenado (2023), Título 4 (IRAE), Artículo 23 'Tasa' (IMPO)","url":"https://www.impo.com.uy/bases/todgi-2023/4-2024"},"url":"https://latamref.dev/v1/uy/corporate-tax"},{"id":"withholding-tax","name":"Withholding tax rates","description":"The Impuesto a las Rentas de los No Residentes (IRNR) that Uruguay levies on Uruguayan-source income paid to non-residents - dividends, interest, royalties, services and other income - each at its domestic statutory rate before any double-tax agreement relief, with a punitive 25% rate for entities in low/no-tax (BONT) jurisdictions. Administered by DGI under Titulo 8 of the Texto Ordenado.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"2023-01-01","source":{"name":"Titulo 8 (IRNR), Texto Ordenado 2023, Capitulo IV 'Alicuotas', Articulo 18 (Tasa) - 'Las alicuotas del impuesto se aplicaran en forma proporcional de acuerdo al siguiente detalle' ('the tax rates shall apply proportionally per the following detail'), rate table as substituted by Ley 20.075 de 20.10.2022, articulo 487: dividendos/utilidades 7%; rentas de entidades BONT 25%; 'Restantes rentas' (all remaining income) 12%; plus a term-and-currency table for listed deposits and publicly-issued debt (0,5% to 12%)","url":"https://www.impo.com.uy/bases/todgi-2023/8-2024?verOriginal=1"},"url":"https://latamref.dev/v1/uy/withholding-tax"},{"id":"statutory-interest","name":"Statutory legal interest (interés legal)","description":"Uruguay's legal interest: a fixed 12% per annum under Art. 2207 of the Código Civil, dropping to 6% per annum whenever the debt is revalued for currency depreciation under the Decreto-Ley 14.500 indexation regime.","free":false,"stale":false,"last_confirmed":"2026-08-10","confidence":"primary","effective_from":"1994-10-19","source":{"name":"Código Civil (texto consolidado, Ley 16.603 de 19 de octubre de 1994) art. 2207: 'El interés legal o sea el que la misma ley impone en determinados casos, es el de doce por ciento al año. En los casos en que sean de aplicación los artículos 1º, 2º y 3º del Decreto Ley 14.500 de 8 de marzo de 1976, la tasa fijada en el inciso precedente será del seis por ciento anual'","url":"https://www.impo.com.uy/bases/codigo-civil/16603-1994/2207"},"url":"https://latamref.dev/v1/uy/statutory-interest"},{"id":"income-tax","name":"Personal income tax brackets","description":"Statutory personal income tax rate schedule for resident individuals, from the national tax authority.","free":false,"stale":false,"last_confirmed":"2026-07-17","confidence":"primary","effective_from":"2026-01-01","source":{"name":"DGI — IRPF Categoría II (rentas del trabajo), escala anual en BPC (Texto Ordenado Título 7); tabla oficial 'IRPF categoría 2 escalas y alícuotas'","url":"https://www.gub.uy/direccion-general-impositiva/politicas-y-gestion/irpf-categoria-2-escalas-alicuotas"},"url":"https://latamref.dev/v1/uy/income-tax"},{"id":"social-contributions","name":"Statutory social-insurance contributions","description":"Mandatory payroll contributions for an ordinary private-sector employee in Uruguay (UY): employee and employer shares of each statutory BPS branch for the Industria y Comercio contribution scope, with the BPC-denominated bands and topes and the instrument fixing each rate.","free":false,"stale":false,"last_confirmed":"2026-08-11","confidence":"primary","effective_from":"2026-01-01","source":{"name":"Ley N° 16.713, que creó el Sistema Previsional basado en el ahorro individual obligatorio, arts. 7, 8, 27, 28, 153 y siguientes, 181 y 182, y su Decreto reglamentario N° 113/996; Ley N° 20.130 de reforma de la seguridad social; Ley N° 18.211, que creó el Sistema Nacional Integrado de Salud, y Ley N° 18.731 (estructura de tasas del aporte personal al FONASA por franja de ingreso y composición familiar); Banco de Previsión Social, tabla oficial \"Tasas Fonasa\" (aporte personal 3 %, 5 %, 4,5 %, 6 %, 6,5 % y 8 % según el umbral de 2,5 BPC y la cobertura de cónyuge o concubino e hijos, descompuesta en básico 3 % más adicional; aporte patronal 5 % más Complemento de Cuota Mutual); Ley N° 19.690 de 29 de octubre de 2018 y Decreto N° 77/019 de 11 de marzo de 2019 (Fondo de Garantía de Créditos Laborales, 0,025 % patronal desde el 1 de enero de 2019); Ley N° 16.074 (seguro obligatorio de accidentes del trabajo y enfermedades profesionales, Banco de Seguros del Estado); Ley N° 17.856 y resolución anual del BPS que fija la Base de Prestaciones y Contribuciones — BPC $U 6.864 y tope de aportación jubilatoria $U 288.836 mensuales para 2026; Banco de Previsión Social, sección Industria y Comercio.","url":"https://www.bps.gub.uy/10314/tasas-fonasa.html"},"url":"https://latamref.dev/v1/uy/social-contributions"}]}],"disclaimer":"Independent service, not affiliated with any government. Verify against the cited official source before legal or financial use."}