Honduras: $805 Million in Wine and Liquor Imports

From 2007 to 2008, wine and liquor imports from different parts of the world increased by $648.90 million.

Tuesday, April 14, 2009

Data provided by the Executive Directorate of Revenue (DEI) published by Hondudiario.com indicated that the volume of imports by both Honduran entrepreneurs and foreigners meant a tax collection of $53 million for the entity.

"Data from the DEI report also pointed out that up to March 25, 2009 there have been over 292.047 billion Lempiras in imports. This meant tax collection of more than 19.857 billion Lempiras for the first three months of the year."

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Alcoholic Beverages Market in Central America

February 2017

Between January and September 2016 Central American countries together imported $203 million worth of alcoholic beverages, 6% more than in the same period last year.

Data from a report entitled 'Alcoholic Beverages Market in Central America', presented by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graphics"]

Tax Collection Increases in Honduras

August 2010

The closure of duty-free stores in land based customs, hotels and shopping centers is thought to be the reason for the rise.

In February 2010, the Honduran Tax Revenue Service board of directors suspended the contracts of tax-free shopping stores after receiving complaints that these businesses were often linked with the illegal trade in cigarettes and alcoholic beverages.

Honduran Customs System Under Criticism

May 2009

The National Association of Honduran Customs Agents complained about the difficulties with the Honduran Automated System for Customs Income (SARAH).

In an interview with Hondudiario.com, the vice president of the National Association of Honduran Customs Agents (FENADUANAH), Gustavo Chévez, indicated that the system implemented by the Executive Directorate of Revenue (DEI) "has generated more losses instead of profits for Customs."

Honduras: Exports Policies Drop by 33%

April 2009

The Executive Directorate of Revenue (DEI) reported a total of 40 thousand policies sold compared to 60 thousand during the same period last year.

This decline represents a revenue loss of $24 million for land customs in connection with the projected collection goal.

The head of the Executive Directorate of Revenue (DEI), Armando Sarmiento, told Hondudiario.com, "This represents a revenue loss of $24 million for land customs (460 million Lempiras) in relation to the collection goal which is being revised now in accordance with the national reality. The DEI is collecting more than last year, but the growth levels are 6% rather than 17%."

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