El Salvador

On April 30, 2025, an amendment to Article 37 of the Income Tax Law was approved. This amendment modifies sections I and II of the tax withholding table, increasing the monthly exempt base from USD $472.00 to USD $550.00 and the annual exempt base from USD $4,064.00 to USD $6,600.00. This amendment became effective as of May 2025. For further information, see the "Taxes on Personal Income" section.