As part of the agreements signed between the two governments the elimination of double taxation has been established.
Monday, March 16, 2015
From a statement issued by the Government of Guatemala:
Within the framework of an official visit by President Otto Perez Molina which will took place on Friday, the Governments of Guatemala and Mexico signed the following bilateral agreements:
Agreement Pertaining to Infrastructure on the Mexico Guatemala Border. Signed by Jose Antonio Meade, Secretary of Foreign Affairs and Minister of Foreign Affairs, Carlos Raúl Morales.
Memorandum of Understanding for the Establishment of a Bilateral Technical Working Group for Development Studies for Sustainable Power Generation Projects. Signed by Pedro Joaquín Coldwell, Secretary of Energy, and Erick Archila, Minister of Energy and Mines.
Since April 21, the agreement that avoids double taxation and mitigates its effects has been in force, as well as helping to eliminate barriers to trade and prevent tax evasion.
On March 21, Law 9644 was published in La Gaceta, corresponding to the agreement between the Republic of Costa Rica and the United Mexican States, which avoids the double taxation of income and wealth taxes.
The agreement signed by the governments will be formalized in August in the city of Hanoi.
From a statement issued by the Ministry of Foreign Affairs:
The Republic of Panama and the Socialist Republic of Vietnam initialed an agreement on Friday to avoid double taxation, which will be signed by the appropriate authorities in the city of Hanoi in August.
Conversations have been started to eliminate double taxation and ensure non-discriminatory treatment of taxpayers.
Delegations from both countries are meeting in Costa Rica to discuss the issue and to reach an agreement for the execution of the agreement.
An article in Columbia.co.cr reports: "To date Costa Rica and Mexico have signed an agreement for Exchange of Information in Tax Matters and Free Trade.
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