Guatemala: Pharmaceutical Company Intercepted

For the possible commission of the crime of Tax Fraud, the Superintendence of Tax Administration intervened the commercial company J.I. Cohen.

Tuesday, April 27, 2021

The intervention was authorized by the Pluripersonal Court of First Criminal Instance in Tax and Customs Matters of the Municipality and Department of Guatemala, informed the Superintendence of Tax Administration (SAT).

See "Pharmaceutical products: Purchases exceed $2.6 billion"

According to the statement dated April 26, 2021, "... the action is within the objectives of the Tax Administration in terms of ensuring proper compliance with tax obligations, within a framework of legality and respect for the legal principle of due process."

According to CentralAmericaData's research, during 2020 in the Guatemalan market, J.I. Cohen S.A. continued to be one of the main suppliers of medicines to public institutions.

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