Guatemala: Tax to Fight Corruption

A proposal has been made to create a special and temporary tax on assets above a certain amount in order to finance the operations of the Public Prosecutor against impunity and corruption in the state.

Tuesday, November 10, 2015

Ivan Velasquez, head of the International Commission against Impunity (CICIG), believes it is necessary to move on from "... discussing corruption to taking action", and therefore is proposing, together with the Public Ministry, the creation of a new tax to strengthen the institution's budget in the fight against impunity and corruption.

"... Velasquez said that during the period of of armed conflict in Guatemala (1960-1996) a tax was created to finance the operational part of the peace agreements. "

Elperiodico.com.gt reports that "... According to the report A path to justice ', the Commission will require more than $1.38 billion to improve the situation of the judicial system up until 2023. According to the document, of each quetzal collected in taxes, only 65 cents get to the state and the rest is lost in corruption. "

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