Honduran Businesses Express Strong Support for Micheletti

When expressing their support, private enterprises proposed an additional 10% income tax.

Tuesday, July 21, 2009

Leaders of the Honduran Council of Private Enterprises, the Chamber of Commerce and Industry of Cortés, the Chamber of Commerce and Industry of Tegucigalpa, the Honduran Federation of Agriculture and Livestock Breeders, among others, expressed their support for Roberto Micheletti's government.

"Andi's president confirmed that they will seek to avoid the negative consequences of a possible embargo", published Laprensahn.com. "We are proposing an additional 10% income tax to companies reporting good earnings and a 20% tax to sumptuary goods".

More on this topic

Removal of Tax Breaks Affects Melon Growers

January 2013

With the implementation of the decree in Honduras suspending tax exemptions for 60 days, exporters will have losses of $9 million.

With the implementation of the legislative decree suspending tax benefits for 60 days, exporters of melons, watermelons and cucumbers covered by the Temporary Import Regime (RIT) could record initial losses of $9 million.

Honduras Could Declare Tax Amnesty

February 2010

The Executive, Congress and delegates from the private enterprise are analyzing a possible tax amnesty.

They are also considering various initiatives to make the country climb out of the economic crisis.

Congressman Toribio Aguilera explained that this tax amnesty would benefit “those taxpayers who have been unable to pay due to the crisis, and now accumulate too many fines and charges”.

Honduras Hopes for Reactivation of Credit

November 2009

After the political agreement, the country hopes to restore international loans and cooperation estimated at $739 million.

The financial blockage was imposed by the United States, the European Union and Venezuela, together with financial institutions such as IMF, WB, IDB and CABEI, after the political events of June 28th.

Honduran private enterprise: "Better to stay with CAFTA"

July 2008

The President of the Honduras Board of Private Enterprise, Amilcar Bulnes, says it's better to maintain and develop the free trade agreement with the United States than to start a new process with the Bolivian Alternative for the Americas (ALBA), whose dominant member is Venezuela.

He said the board's position is that the government cannot sign a new trade agreement if it's not as good as or better than the one Honduras already belongs to.

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