Air Transport: Simplifying Tax Payments

With the reform approved by Congress, the airlines will avoid paying VAT and income tax twice.

Thursday, January 23, 2020

The reforms that will come into effect in January 2021 were approved by Decree 2-2020, which received the endorsement of the Legislative on January 20.

You may be interested in "Tourism and Travel: Consumer Interests and Preferences"

With the approved modifications, the tax system was adapted so that the taxes charged to airlines operating flights in Guatemala but with their headquarters abroad, are applied taxes according to international standards.

Motty Rodas, director of the Airline Association (Agla) explained to Prensalibre.com that "... this law has nothing to do with tariffs, which are made up of many variables, but by having the certainty and adequate collection of taxes, more airlines can be motivated to arrive and achieve more competitive ticket rates in the medium term."

See "More Tourists Arriving in Guatemala"

Luis Rey, president of the Guatemala Chamber of Tourism (Camtur), said that "... this new legislation will attract more airlines to the country and will open more routes and flights that will result in more competition and lower prices for the service."








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Controversy Over Tax Regime for Agriculture

September 2019

In Guatemala, the chambers of industry and commerce oppose the bill that proposes to create a special tax regime for agricultural activity.

The project "Law on Simplification, Updating and Tax Incorporation", which has been in Congress for more than two years, was scheduled for final discussion until September 10. See full bill.

Guatemala Amends Bank Secrecy Laws

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The aim is to provide the Tax Authority with access to taxpayers bank accounts in order to comply with parameters of the OECD.

Guatemalan ministers have agreed to changes to bill 4326 to amend the Tax Code and the Law on Banks and Financial Groups.

This initiative aims to facilitate access to information relating to taxpayers bank accounts by the Tax Authority (SAT).

Reforms to the Costa Rican Tax System

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The reforms include provision for a fine for non payment of partial income taxes, facilitation of tax refunds, and streamlining of tax collections on luxury homes.


The Legislature has approved the "Project for urgent reforms of the tax administration", the first of the proposals included in the tax reform promoted by the Chinchilla administration in the package entitled "Solidarity Tax Act."

Guatemala Promotes Law to Attract Investment

February 2009

The legislative initiative for judicial tax stability for investment and work attempts to attract investment and generate employment.

Rose M. Bolaños, in an article inPrensalibre.com, writes: "With these contracts, the state will guarantee that if the laws or legal norms are modified in the taxation environment, such as tax impositions (internal or customs) as well as perquisites or other identified contract measures, investors will have the right to continue applying the existing laws that were in force at the moment of the signing of the contract."

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