Electronic Tax Stamps about to Operate

Two companies are expected to complete certification this month to provide the electronic tax stamps service in Guatemala, and by January 2019 they would be operating throughout the entire customs system.

Wednesday, November 14, 2018

In July of this year, it was announced that the tender for the service of electronic tax stamps for containers in Guatemalan customs would no longer be carried out, allowing several companies to provide their services independently.

Authorities of the Superintendence of Tax Administration informed that with the authorization of the two companies interested in providing the service, the pilot plan will begin at the Tecun Umán customs, and early next year would be implemented in all the country's customs precincts.

Regarding the use of the system, Alejandro Ceballos, director of the Clothing and Textiles Commission (Vestex), explained to Elperiodico.com.gt that "... The use of the electronic tax stamp on containers gives more security to businessmen knowing that their policies are not being used to import merchandise without their authorization, as has happened in some cases. This is a good measure that gives security to the import and export process and facilitates the acceptance in other destinations of the merchandise that departs from the country."

On the other hand, Hugo Roldán, research economist at the Central American Institute of Fiscal Studies (Icefi), said that "... There are two factors to consider for the model to be implemented to be positive: the price of the service and the terms of reference to keep control of the information directly to the SAT."

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