We hereby inform you of the following:

By means of Legislative Decree number 324 of the day of May 16, 2019, the Law of Special Contribution to Large Taxpayers for the Citizen Security Plan (LCEGC) was reformed, incorporating the second paragraph to Art. 4 of the aforementioned law, which points out:

"The taxpayers who are qualified as beneficiaries in the following regulations will be exempt from the Special Tax established in this law [LCEGC] : Law on Free Industrial Zones and Commercialization, Law on International Services, Law on Tourism, Law on Fiscal Incentives for the Promotion of Renewable Energies in the Generation of Electricity and General Law of Cooperative Associations, independently of the qualification granted by the General Directorate of Internal Taxes " .

As stated in the Legislative Decree in its consideration, this reform is due to the fact that in the Law on Special Contribution to Large Taxpayers for the Citizen Security Plan (LCEGC), the particular situation of large taxpayers subject to tax regimes was not regulated. and special customs officers that obtain net profits equal to or greater than USD $ 500,000.00 , but which by their nature operate in a special regulatory framework that differs from that applicable to other large taxpayers.

The Legislative Decree number 324, which contains the present reform to the LCEGC was published in the Official Gazette number 93, Volume number 423, corresponding to the twenty-third of May of 2019, which went into circulation on June 27, 2019, so that the reform in question is already in force.

The related Legislative Decree number 324 can be consulted on the website of the Ministry of Finance or by accessing the following link:

http://www7.mh.gob.sv/downloads/pdf/700-DGII-DC-2019-21277.pdf