# El Salvador fiscal and labor regulation updates > Live situation record from CLSTR: https://clstr.news/situations/el-salvador-fiscal-and-labor-regulation-updates > Updated: 2026-10-19T04:46:14.000Z. Sources: 9. Developments: 2. El Salvador has introduced new regulations regarding the annual bonus, known as aguinaldo. Under updated Labor Code rules, the payment period now runs from October 1 to December 20. Labor Minister Rolando Castro announced that financial institutions are prohibited from making automatic deductions from these bonuses to cover debts. Furthermore, aguinaldos up to USD 1,500 are exempt from income tax, social security, and pension fund deductions. In a separate fiscal development, the Legislative Assembly's Finance Commission approved a proposal for a special and transitory law to grant tax, customs, and traffic fine amnesty. This measure, intended to run until December 11, 2026, allows individuals and entities to regularize debts by paying the principal amount while being exempt from interests, surcharges, and penalties for obligations accumulated up to September 30. The amnesty also includes certain traffic fines and offers installment payment plans starting with a 10 percent initial payment. ## Timeline ### 2026-10-19: El Salvador proposes tax and customs amnesty through 2026 El Salvador's Finance Commission approved a tax amnesty proposal valid until December 2026, allowing taxpayers to settle principal debts without paying interests, surcharges, or penalties. 7 sources. https://clstr.news/cluster/el-salvador-proposes-tax-and-customs-amnesty-through-2026 ### 2026-10-02: El Salvador implements new rules for annual bonus payments El Salvador has expanded the legal period for annual bonus (aguinaldo) payments and prohibited banks from automatically deducting debts from these funds. Bonuses up to USD 1,500 are now tax-exempt. 2 sources. https://clstr.news/cluster/el-salvador-implements-new-rules-for-annual-bonus-payments --- Cite as: El Salvador fiscal and labor regulation updates. CLSTR, https://clstr.news/situations/el-salvador-fiscal-and-labor-regulation-updates