More than 8,300 people registered for 5% VAT refund

The National Tax Service (SIN) reported that up to 28 January, 8,397 people had registered for the Value Added Tax Cash Refund Scheme (Re-IVA), of which 42% corresponded to the department of La Paz, 25% to Santa Cruz and 19% to Cochabamba. The Re-IVA is aimed at individuals with a monthly income equal to or less than Bs.9,000 ($1303.86).

Source: El Día