Guatemala: 14 Years in Prison for Tax Fraud

Mario Brol Samayoa has been convicted of money laundering, tax fraud, special case of tax fraud and customs fraud.

Wednesday, June 12, 2013

According to investigations by the Prosecutor, Brol Samayoa exported gasoline to countries such as Taiwan, Mexico, Honduras and El Salvador, without paying Value Added Tax (VAT). "Because of this fraud the government failed to receive $91 million," according to the Superintendency of Tax Administration (SAT) ".

"This action occurred because the accused allegedly established a network of companies with which it simulated gasoline sales and defrauded the collecting agency with income tax and VAT, among other charges", reported Prensalibre.com.

According to the indictment, apparently Samayoa exported the fuel to Central America and Asia, but its operations had no legal backing, because the transactions were false, meaning that that the fuel did not leave the territory and was sold in the country.

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Taxes: Supermarket Chain Investigation

December 2020

After inconsistencies were detected between purchases reported by taxpayers and sales that the company declared to the tax authority, an investigation was initiated in Guatemala into the "La Barata" supermarket chain.

During the morning of December 7, representatives of the Public Ministry (MP) and the Superintendence of Tax Administration (SAT), held a press conference in which they explained some details about a new case of alleged tax fraud by the chain of stores "La Barata."

Guatemala: Government Expands Tax Reform

February 2015

Despite several announcements of new taxes, the government will focus on controlling tax evasion and leave the decision to implement a tax reform to future administrations.

According to authorities at the Ministry of Finance, at the moment there is no consensus for fiscal reform.

Costa Rica: Global Income and VAT in Proposed Tax Plan

June 2014

Replacing Sales Tax with VAT, applying a system of global income and maintaining exemptions in free zones are part of the projects being prepared by the government.

With the three projects he plans to introduce in the Legislature, the Executive leader intends to increase total tax revenue to 2% of GDP in two years and completely eliminate the primary deficit, which at the end of 2013 was 2.8% of GDP.

Who pays taxes in Latin America?

August 2008

It is official: Latin Americans pay less taxes that almost all of the inhabitants of the other regions of the world.

Two new studies by the United Nations Economic Commission for Latin America and the Caribbean (CEPAL) show that tax collection by Latin American governments is not only below that of the 30 most industrialized nations of the world, but that it is also lower than that of southeast Asia and Africa.

ok