Guatemala: External Audit for the SAT

The Tax Authority will be holding a competition to hire a company to conduct an external audit of the institution.

Wednesday, September 30, 2015

October 7 is the deadline for reciept of offers from companies interested in participating in the selection and recruitment process.

"... Those interested in participating in the process must have experience in implementing external audit work in decentralized State entities, have a assets equal to or greater than Q500 million ($65 million).

The audit comes months after the dismanteling of a fraud network known as "The Line", in which former President Otto Perez Molina was allegedly involved.

Experts on the tax issue stressed the need for the recruitment process to be carried out in the most transparent way possible. Marco Monterroso, director of Taxes at the firm Nexia , told that "... It is a priority that this entity act transparently following the customs corruption case 'the line' because tax morale was severely damaged. In addition, we need to strengthen their processes in order to raise revenue. '"

"... The deadline for submission of bids is October 7 at 10:30 am in the Administrative Financial Department of the SAT, located on level 2 of SAT Tower Building (7a. Avenida 3-73 zona 9 ). "

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