The director of customs of the Executive Department of Revenue (DEI), Miguel Mejia, stated that appropriate sanctions will be applied in case of noncompliance, which can lead to confiscation of merchandise.
"The number of courier companies operating in the country varies from 50 to 60, since there are no exact figures recorded by DEI, however, they have been summoned for Wednesday afternoon, so they know of their obligations, rights and requirements for them to function and legalize their status,” the official said to Latribuna.hn.
The Executive Directorate of Revenue has announced that as part of the changes in the audit and tax collection it will oversee the transfer prices of companies headquartered abroad.
In addition to the implementation of electronic billing and other changes that aim to improve the supervision of tax collections, the Executive Directorate of Revenue (DEI) has announced that foreign companies or Honduran companies whose headquarters are outside of the country must report in detail their transfer prices.
Issuers of invoices, receipts and other tax documents may only print on approved printers.
A new billing system that will be implemented by the Executive Directorate of Revenue (DEI) aims to reduce evasion of Sales Tax. "... it will control and regulate the printing of tax documents, such as bills, notes, tickets, rent receipts, fees, debit notes, credit, reference guides, proof of tax on earnings ...", noted an article in Latribuna.hn .
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