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Retained

  • Statutory Tax Rate 30
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 0
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 30

Statutory Tax Rate

The standard corporate tax rate is 30%. Minimum corporate income tax at the rate of 1% on the net assets value payable by companies with an annual turnover greater than USD 150,000. 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 contribution will apply for a period of five years.