Bolivia

Which consumer rights apply in Bolivia regarding expired Giftcards? ›

Under Bolivian consumer protection law, there is no obligation to refund expired Giftcards. Retailers must communicate terms clearly to avoid legal conflicts.

How are Giftcards treated for tax purposes in Bolivia (VAT, single-purpose / multi-purpose)? ›

Giftcards in Bolivia are subject to VAT (IVA). Tax liability arises on redemption. A distinction between single-purpose and multi-purpose Giftcards does not exist, but similar principles are applied.

What special rules apply in Bolivia for the sale, issuance, or redemption of Giftcards? ›

Giftcard sales in Bolivia are generally permitted, but digital transactions require registration with the finance ministry. Retailers must document sales electronically to ensure tax transparency.

Is there a legal regulation in Bolivia on the validity period of Giftcards? ›

Bolivia has no specific legal rules on Giftcard validity. Under the Civil Code, a general limitation period of three years applies to contractual claims. Providers must clearly state validity on the Giftcard.