On 29 October 2015, El Salvador's parliament approved a law implementing a 5% Special Contribution for National Security that will be levied on the net profits of large taxpayers with annual net profits of USD 500,000 or more. The contribution applies for taxpayers whether domiciled or not and is in addition to the standard 30% corporate tax. The law will enter into force 8 days after it is published in the Official Gazette, and the contribution will apply for a period of five years.