Guatemala: Tax Collection down 8.3%

In June, the government revenue superintendency collected $1.99 billion, less than the $2.17 billion for the same period of 2008.

Thursday, July 9, 2009

Rudy Villeda, who heads the government revenue superintendency (Superintendencia de Administración Tributaria, SAT, in Spanish), indicated that preliminary figures put revenue for the month of June in $286 million.

Journalist Lorena Alvarez writes in her article in Elperiodico.com.gt: "Income tax collected $431 million, short of the $486 forecasted, due to a drop in company sales and profits. Value added tax and international trade taxes fell 21.6% when compared to last year, because of the reduction in imports."

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