On March 31, 2026, the Internal Revenue Service (SRI) issued Resolution No. NAC-DGERCGC26-00000015, through which it amended the procedure for the issuance, endorsement, use, and cancellation of tax credit notes. The most relevant changes are summarized below:
- The amounts of dematerialized tax credit notes will constitute an available balance for the taxpayer within the “securities account statement” available on the SRI online portal.
- It was established that each tax liability determined in tax returns administered by the SRI may be settled using available balances from tax credit notes up to 60% of the amount payable for each return. The remaining balance of the tax liability must be paid through other means. This limitation will not apply to balances corresponding to tax credit notes related to the Foreign Currency Outflow Tax (ISD).
- The possibility of securing compliance with customs tax obligations through dematerialized tax credit notes issued by the SRI has been eliminated.
Andrea Moya, Partner at CorralRosales
amoya@corralrosales.com
+593 2 2544144
