Lexincorp Provides El Salvador´s Tax Admendments 2010 Conference

On January 27, 2010, Lexincorp held a conference in a hotel of San Salvador, named “Tax Amendments, Legal and Financial Implications for the Companies", which was attended by approximately 100 people, including general managers as well as legal managers and financial managers of the most prestigious companies in El Salvador and Central America.

The seminar began with a presentation carried by Mr. Enrique Escobar, Founding Partner of Lexincorp El Salvador. Mr. Escobar provided an introduction on the subject "Tax reforms: What are they, what they look for, what are their outcomes?

Followed by Dr. José Carlos Costa Calderón, Lexincorp´s Tax Partner, who exposed about the relevance of such amendments, and how they impact the companies and individuals, given the fact of the elimination of diverse benefits in the Valued Added Tax, Corporate Tax law and the Internal Tributary Code.

The Seminar concluded with the presentation of Mr. Horacio A. Castellanos Ch. who emphasized in how the Tax Amendments and the changes have generated a series of new obligations and new facts that have a direct impact in the development of the companies from the accountability and financial point of view.

The Attendees showed great interest particularly for the multiple questions raised to the speakers; questions that were answered by these.

We will like to thank to the attendees to this event, for the success achieved, as well as the expositors that with their deep knowledge on the subject, fed the seminar positively.

Lexincorp Central America, throughout the region, provides legal consultancy in Tax Law. Our Tax department will be more than glad to help you. If you have any doubt, please don’t hesitate to contact us.