Guatemala: Increased Tax Collection

During 2010 tax collections reached $ 4.344 million, 9.3% higher than 2010.

Wednesday, January 19, 2011

Rudy Villeda, superintendent stated that tax burden to GDP last year was 10.5%.

"That percentage was higher only by 0.1 percentage points to 10.4% in 2009, which was the lowest rate in the last decade," reported an article in ACAN – EFE and published in

More on this topic

Anti Evasion Act II, Effective February 25

February 2012

Once publicized in the official newspaper, the new law passed by the Guatemalan Congress on 27th January, will take effect from February 25th .

The new law restores the higher tax rate on tobacco which had been removed last year and establishes special invoices for farmers, among other things.

Tax Collection Up 18% in Guatemala

November 2011

In the first 10 months of 2011, tax revenues reached $4.723 million, 18.4% higher than in the same period in 2010.

The increase in revenue is due in part to a significant increase in the collection of Income Tax (32.9%).

"Pablo Urrutia, analyst from the Association for Research and Social Studies (ASIES in Spanish), thought that in addition to these figures and percentages, it would be necessary to look at other factors, such as prices and inflation. 'Even if more money has been collected, if you do not have better spending there is no real benefit, despite the fact that economic growth has increased’”, reports

Guatemala: Tax Revenues Grow

August 2011

In the first half of the year revenues generated by taxes increased by 18% compared to the same period in 2010.

Value added tax and income tax grew the most in the aforementioned period, by 18% and 34% respectively.

While overall growth was seen, decreases were observed in the amounts collected from taxes such as the tax on tobacco and the distribution of oil and its derivatives.

Tax Revenue Increases 9.25% in Guatemala

December 2010

As of November tax revenues have increased $ 393 million over the same period in 2009.

In the first eleven months of the year tax collection totaled $ 4.247 million according to the Superintendence of Tax Administration.

"The tax which has generated more revenue to the Treasury in 2010 is the Income Tax (ISR) with $ 905 million" reports the article in

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