Claim for Debt on Behalf of Florida Ice & Farm Suspended

The Costa Rican Constitutional Court accepted an appeal filed by the company La Florida SA, a subsidiary of Fifco, against IDA (Agrarian Development Institute) and the Administrative Fiscal Court.

Tuesday, March 3, 2009

Mercedes Agüero wrote in Nacion.com: "The company asked the judges to overrule the resolutions by the Administrative Fiscal Court which held in favor of IDA. 'We are receiving a positive response from the Constitutional Court that, in addition to hearing the appeal, collection of the debt is being suspended,' said Gisela Sanchez, director of corporate relations for Florida."

More on this topic

Guatemala: There will be No Exemptions from Fines

August 2012

President Otto Perez Molina will not grant exemptions from fines imposed by the Tax Authority.

An article in Elperiodico.com.gt reports that "The President has asked the General Secretariat of the President to address the 202 cases presented by businessmen, politicians and figureheads." A study of each case will be conducted, the recommendation and the opinion of the President now is that they [exonerations] will not be granted", said the general secretary, Gustavo Martinez."

Penalties for Tax Arrears

May 2012

The SAT in Guatemala could temporarily suspend for 12 consecutive months companies that do not report any activity on their tax returns.

This action by the Tax Authority was approved by a resolution passed this week by the board of the entity.

"Miguel Gutierrez, superintendent of the SAT, said (...) that prior to deactivation, taxpayers will be notified and given a chance to update or change their operations and will have a period of five days in which to decide," reported Prensalibre.com.

Guatemalans Owe $ 705 Million in Taxes

February 2011

The Superintendence of Tax Administration (SAT) estimates that $ 449 million is owed in taxes and $ 256 million in penalties and interest.

However, it clarified that the SAT estimates viable to recover only 10% of that amount, about $ 45 million, through a partial exemption declared by President Alvaro Colom.

$25 Million of debt claimed to Florida Ice & Farm

February 2009

The Costa Rican Institute of Agrarian Development (IDA) is trying to charge this sum as the principal and interest on a debt acculumated through unpaid taxes.

IDA law establishes a tax of 5% on foreign and national beer and the differences in the manner of calculating the total amounts of previous years have motivated litigation and brought on the current situation.

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