The Internal Revenue Service (SII) has once again reminded that, as of January 1, 2024, each time a taxpayer issues a fee receipt, the withholding rate will be 13.75%, increasing by 0.75% compared to 2023.
It is worth mentioning that, by law, the increase in withholding rates has been established as gradual, rising by 0.75% each year until reaching 17% in 2028.