Guatemala: $109 million in Tax Refunds

The Tax authorities have announced that during the first quarter of the year they expect to start making reimbursements corresponding to requests for the fiscal periods of 2013 to 2015.

Monday, February 5, 2018

The acting superintendent of the Tax Administration, Abel Cruz, said that companies that have already been audited will be able to receive the corresponding settlement. 

See: "The Never Ending Problem of Tax Refunds"

After attending a summons made by the Congress of the Republic, the official said that there is a provision of Q800 million ($109 million).

The president of the Garment and Textile Commission, Alejandro Ceballos, told that "... ' this is a positive technical decision and generates confidence for exporters in receiving a prompt return. It was the Public Prosecutor's Office and the International Commission against Impunity in Guatemala that revealed a week ago that these returns were being delayed in order to commit illegal acts."

The businessman explained that these reimbursements will "... be used for pending payments to suppliers or for payroll, in investment for expansions in the firms and payments for loans to banks, among other commitments."

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More on this topic

How to Improve Tax Refunds

May 2018

Standardizing procedures and applying administrative silence in favor of the taxpayer, are some of the proposals that Congress has received for reforming the current regulations.

Due to the widespread delay in the tax refunds which is still harming the majority of the companies in the country, the Central American Institute of Fiscal Studies (Icefi), the Center for National Economic Research (Cien) and the Association of Exporters (Agexport), delivered to the Economic Commission at the Guatemalan Congress, a proposal to modify the regulations that are currently applied. 

The Never Ending Problem of Tax Refunds

January 2018

Guatemalan businessmen claim that their operations are being affected by delays up to three years in the tax refunds, when the established periods are 30 to 60 days.

Last week, the Public Prosecutor's Office announced the dismantling of a structure that facilitated refunds of the tax credits through means of illicit payments, operating both internally and externally in the Superintendency of Tax Administration.

Guatemala: Tax Credit Refund Accelerated

August 2017

The almost $300 million in tax credit that the tax administration plans to return in the short term correspond to requests for fiscal years from 2013 to 2015.

A year after modifying the processes to provide more transparency in the return of tax credits to exporting companies, the Superintendency of Tax Administration is preparing to accelerate the procedures and return credits that have been delayed for more than two years. Intendant Leonel Villamar commented that "... "There is a dam that we need to evacuate and we are working with taxpayers to speed up delivery."

SAT's Multi Million Dollar Debt to Guatemalan Exporters

October 2013

The Tax Authority (SAT) owes to domestic exporters about $313 million in tax credit refunds.

This was explained by the superintendent Carlos Muñoz, adding that "... this amount represents the backlog in tax credit refunds of Value Added Tax (VAT) to Exporters and there are cases which have been awaiting payment since 2011," noted an article in

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