Honduras: Controls in Printing of Fiscal Documents

Issuers of invoices, receipts and other tax documents may only print on approved printers.

Thursday, December 5, 2013

A new billing system that will be implemented by the Executive Directorate of Revenue (DEI) aims to reduce evasion of Sales Tax. "... it will control and regulate the printing of tax documents, such as bills, notes, tickets, rent receipts, fees, debit notes, credit, reference guides, proof of tax on earnings ...", noted an article in Latribuna.hn .

Natural and legal persons engaged in economic activities, taxed or not taxed, and who are required to issue tax documents have to be submitted to the measure to be implemented in 2014.

More on this topic

Honduras: 1.5% Income Tax Made Firm

June 2015

The Constitutional Court has rejected the constitutional challenge presented by the business sector and left in place the collection of 1.5% income tax.

The Supreme Court has confirmed the income tax of 1.5%, which applies to companies reporting net sales of over $456 000, leaving exempt from this charge those reporting lesser incomes and those with less than two years of being established.

Honduras: Increase in Tax Supervisory Pressure

April 2014

An announcement has been made that greater control will be exerted in verifying payments of income taxes by large taxpayers.

Due to the decline in revenue from income tax and irregularities in the internal collection agency, the Directorate of Revenue has announced it will increase controls on businesses.

Anti-evasion Law Creates Controversy in Honduras

April 2011

Businesses complain that the new law will give unlimited power to tax authorities to seize companies's information.

Armando Urtecho, director of the Honduran National Business Council (Cohep in Spanish), added that, "we are against too much power being given to the tax authority (DEI in Spanish) with less capacity remaining with judges to decide what is appropriate," reports Elheraldo.hn.

Aggressive Tax Collection Campaign in Panama

February 2011

The Internal Revenue Service (DGI) has added controls in order to increase revenues by chasing evaders and offenders.

Capital.com.pa state in their article that, "Preliminary investigations show that there are cases of companies that have been double billing and creating dubious loss statements, among other things, which is at odds with good corporate practices, giving a reason for DGI to implement the measures allowed by law."

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