Customs Income Increases in Honduras

Despite a fall in imports, with the new Automated system "Sarah", customs income rose 10% to 15%.

Wednesday, July 8, 2009

During its first months of operation, the Honduran Automated Customs Rents System (SARAH, acronym in Spanish), was criticized by exporters and customs agencies, who complained of complications and difficulties using the system.

Elheraldo.hn publishes: "Inés Zablah, board member at the Commerce and Industries Chamber of Honduras, assured that Sarah implementation at customs has been better in the last weeks".



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Panamanian Customs Reap In $292 Million

May 2010

In the first four months of 2010, the Customs Authority generated 7.6% more income than the same period of 2009.

For 2010, the entity aims for an average daily income of $2.5 million, or $900 million a year, stated director Gloria Moreno de López.

“The increase was caused by improved import and export activity at the Colon Free Zone and more revenue at the Panama Canal, the nation’s two economic engines”, reported Laestrella.com.pa.

Honduran Customs System Under Criticism

May 2009

The National Association of Honduran Customs Agents complained about the difficulties with the Honduran Automated System for Customs Income (SARAH).

In an interview with Hondudiario.com, the vice president of the National Association of Honduran Customs Agents (FENADUANAH), Gustavo Chévez, indicated that the system implemented by the Executive Directorate of Revenue (DEI) "has generated more losses instead of profits for Customs."

Dip in Tax Collection at Guatemalan Customs

September 2013

Between January and August 2013 $1.135 billion was raised in VAT on imports, while in the same period in 2012 the amount was $1.137 billion.

Data from the Tax Authority (SAT) shows that in terms of customs duties $157 million was collected, down by 22% compared to the $202.2 million reported in 2012.

Anti-evasion Law Creates Controversy in Honduras

April 2011

Businesses complain that the new law will give unlimited power to tax authorities to seize companies's information.

Armando Urtecho, director of the Honduran National Business Council (Cohep in Spanish), added that, "we are against too much power being given to the tax authority (DEI in Spanish) with less capacity remaining with judges to decide what is appropriate," reports Elheraldo.hn.

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