Tax Breaks Suspended for Two MonthsHonduras's Congress has approved the 60-day suspension of tax exemptions, except for the maquila and renewable energy generation sectors.Friday, January 18, 2013
The purpose of the measure is not to eliminate the exemptions but to verify proper use of them, calling the sectors involved to appear before a commission created for that purpose, to review all of the existing schemes and customs exemptions in the country. Source: laprensa.hn ¿Busca soluciones de inteligencia comercial para su empresa?SMBs: Benefit Period ExtendedDecember 2019 In Honduras, Congress extended for two more years the validity of the Law to Support Micro and Small Enterprises, which grants benefits such as exemption from payment of income tax and other taxes. Panama: Exemptions and Subsidies to be ReviewedOctober 2015 Noting that the country´s tax burden is only 10% of GDP, the Minister of Finance has announced a review of 110 laws on subsidies, exemptions and distribution of resources. 70% of Tax Exemptions Could be Removed in HondurasJune 2013 Seeking to overcome the collapse in public finances, a bill proposes the elimination of 70% of the tax exemptions granted by the state. Tax Exemptions Suspended for Three MonthsJanuary 2013 A bill submitted to the Congress of Honduras has temporarily suspended all exemptions and tax benefits granted by the Ministry of State in the Finance Dispatches.
×
ok |
|