Guatemala: SAT to Audit Online Sales

The Superintendence of Tax Administration announced that it will audit companies that pay less than the sector average, that do not invoice and that have sales in different social networks.

Thursday, July 16, 2020

The country's tax authority has turned its attention to online commerce, since in this new business context and change in consumption habits, Internet sales have increased exponentially.

See "E-Commerce: What do Consumers Want to Buy?"

According to the Superintendence of Tax Administration (SAT), they will be dedicated to controlling taxpayers who disproportionately increase their Tax Credit balances, and will also focus on controls of purchases and sales reported by companies.

Marco Livio Diaz, head of SAT, explained to Elperiodico.com.gt that "... Companies that pay less than the sector average or that do not invoice and have sales on different social networks will be audited. Audits will be made based on information from sources such as the Online Electronic Invoice, Dissuasive and other data tools."

Oscar Chile Monroy, a tax advisor, said that "... SAT can now use the information that is on the websites and social networks for product sales to follow up and verify if the company is complying with its tax obligations."

According to CentralAmericaData reports, since March 15, 2020, there has been an increase in the interest shown by Guatemalan consumers in e-commerce services.

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